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Electric Utility's POR Discount Jumps From 1% To Over 4%
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Potomac Edison has filed with the Maryland PSC proposed new purchase of receivables (POR) discount rates, to be effective June 1, 2024
The residential discount is increasing from just under 1% to over 4.2%, as noted below
The new residential discount includes a reconciliation factor of 1.8375%
The 0% discount rates reflect the "zero-ing out" of negative discount rates
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April 29, 2024
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Copyright 2010-24 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
Potomac Edison-Maryland
Current Discount 6/1/24 Discount
Residential 0.9328% 4.2722%
Type I 0.0000% 0.0000%
Type II 0.0000% 0.0000%
Hourly 0.0000% 0.0000%
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