|
|
|
|
|
Utilities Report Under- & Over-collections From Purchase Of Receivables Programs; Costs (Or Surplus) To Eventually Be Assigned To Retail Suppliers
The following story is brought free of charge to readers by VertexOne, the exclusive EDI provider of EnergyChoiceMatters.com
Several of the Maryland utilities have filed initial reconciliations of the end balances under their residential purchase of receivables programs which were generally terminated on December 31, 2025 (apart from cancel/rebill and similar situations)
The residential reconciliations are preliminary only, and no costs or surplus are being assigned at this time to retail suppliers who had been participating in the POR programs. A final reconciliation will be conducted after additional time is provided to complete the utilities' customary write-off process for uncollectibles
However, under the initial reconciliation, Baltimore Gas & Electric reported that, as of December 31, 2025, residential electric POR is over-recovered by $2.9 million, and residential gas POR is over-recovered by $0.3 million.
BGE stressed that, "These over-recoveries have developed due to the inclusion of 2026 uncollectible expense in the June 1, 2025 discount rates. However, and consistent with the original design, it is anticipated that both of these over-recovered balances will decline in 2026 as uncollectible expense is recognized in the normal course of BGE’s credit and collection process, which typically includes a seven-month lag."
Pepco-Md reported an under-collected balance under residential POR of $135,000
For the subsequent final reconciliation, Pepco explained that any retail supplier who served residential
customers in 2025 (i.e. Pepco purchased residential receivables from the retail supplier during that
period) will be included in the final reconciliation. Amounts to be refunded or charged to retail
suppliers in these final reconciliations will be socialized based upon each retail supplier’s relative
share of the residential receivables purchased over the entirety of calendar year 2025
Delmarva-Md reported an over-collected balance under residential POR of $348,000
A narrative filed by Delmarva describes this amount as an under-collected balance (believed by ECM to be a scrivener's error); however, the workpaper indicates that the amount is an over-collection
ADVERTISEMENT Copyright 2026 EnergyChoiceMatters.com. Unauthorized copying, retransmission, or republication
prohibited. You are not permitted to copy any work or text of EnergyChoiceMatters.com without the separate and express written consent of EnergyChoiceMatters.com
March 31, 2026
Email This Story
Copyright 2026 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW -- Channel Partner Manager -- Retail Energy
• NEW -- Manager of Sales, Commercial -- Retail Supplier
• NEW -- Commercial Sales Support Specialist -- Retail Supplier
• NEW -- Channel Partner Manager - TX -- Retail Supplier
• NEW / Refreshed 2/24/26 -- Manager, ISO Coordination (electricity), Retail Supplier
|
|
|
|
|