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Utility Files New POR Discount Rates, Commercial Spikes To Over 2.5%; Residential To 2%
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National Grid in Massachusetts has filed an update to the standard complete billing percentages (SCBPs), or purchase of receivables (POR) discount rates, proposed to be effective May 1, 2023
As filed in an explanatory letter, National Grid's proposed SCBPs for effect May 1, 2023 are as follows (current rates provided for comparison):
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March 15, 2023
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Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
Current Proposed
Residential 1.35% 1.99%
Commercial 0.34% 2.63%
Industrial 0.12% 0.39%
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