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One BGE POR Discount Rate To More Than Triple
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Baltimore Gas & Electric has filed with the Maryland PSC new purchase of receivables (POR) discount rates.
Baltimore Gas & Electric's new electric POR discount rates, to be effective June 1, 2023, are as follows:
For natural gas, BGE filed for the new residential discount rate to be set at 0.8225%, or more than triple the current discount of 0.2238%
BGE's new natural gas POR discount rates are as follows, to be effective June 1, 2023:
For all applicable customer classes, the 0% discount rates reflect a "zero-ing out" of a negative discount rate which resulted from the POR discount calculation, consistent with PSC policy.
The new POR discount rates remain subject to PSC approval.
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April 27, 2023
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Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
Current Discount 6/1/23 Discount
Residential 0.7129% 0.6591%
Type I 0.0000% 0.0000%
Type II 0.0000% 0.0000%
Hourly 0.0000% 0.0000%
Current Discount 6/1/23 Discount
Residential (Sch. D) 0.2238% 0.8225%
General Service (Sch. C) 0.0000% 0.0000%
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