April 2, 2014
Finally: Purchase of Receivables Coming to Two Mass. Utilities Within 3 Months (6 Months at Nstar)
Business is about to pick up in the Massachusetts small volume electricity market.
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March 27, 2014
New York Utilities Seek Delay in Deadline for Retail Market Changes
Several New York utilities have asked for a delay in several requirements imposed on the EDCs in the New York PSC's recent retail market order.
March 27, 2014
Pa. Governor Backs Accelerated Switching Timeline in Rare Letter to PUC
In a rare personal appeal to the Pennsylvania PUC, Pennsylvania Gov. Tom Corbett endorsed a faster switching timeline for electric customers.
March 27, 2014
Purchase of Receivables Denied in Ohio Retail Market Order
Rejecting a Staff recommendation, the Public Utilities Commission of Ohio will not require electric utilities to file plans to implement purchase of receivables.
March 24, 2014
Pepco Provides Date for Use of Late Payment Revenues as POR Offset
Pepco has provided the District of Columbia PSC with the date by which it can include late payment revenues as an offset in the POR discount rate calculation.
March 21, 2014
Purchase of Receivables Draws Ire at Pennsylvania House Hearing
Purchase of receivables, and specifically the utility's ability to disconnect service for non-payment of supplier charges, drew the ire of Pennsylvania State Representative Dan Moul, R, during a hearing yesterday concerning recent variable rate price spikes and proposed legislation to address the…
March 18, 2014
New York PSC Sets Collaborative Sessions on POR, Other Retail Market Changes
The New York PSC has scheduled for April 8 a collaborative on purchase of receivables, and what modifications must be made to implement the PSC's recent retail market order.
March 18, 2014
PSNH to Terminate Switching Fee, Reduce Billing Charge for Suppliers
Public Service Company of New Hampshire has proposed removing the "selection" charge, or switching fee, from its tariff after conducting a cost of service study.
March 18, 2014
Utilities, Retail Suppliers Reach Settlement on Payment Hierarchy in New Hampshire, Other Market Enhancements
Electric utilities, retail suppliers, the New Hampshire consumer advocate, and New Hampshire PUC Staff have reached a settlement agreement regarding the payment hierarchy for utility consolidated bills, and certain other retail market enhancements.
March 12, 2014
Retail Supplier Asks PUC To Order Utilities To Cease Use of Separate "Customer Number" for Enrollments in Addition to Account Number
Ethical Electric, Inc. has asked the Pennsylvania PUC to require the FirstEnergy electric distribution companies, "to eliminate the use of the duplicitous [sic] and burdensome 'customer number' and instead use only the customer's account number for EGS enrollment."
March 12, 2014
Utility Wants Retail Suppliers to Pay One-Half of EDC Billing Changes to Include Supplier Logo on Consolidated Bills
Retail suppliers should be assigned one-half of the cost of changes needed to accommodate retail electric supplier logos on utility consolidated bills, PECO said in comments filed with the Pennsylvania PUC.
March 10, 2014
Briefly
New York Sets Date for ESCO EDI Collaborative
March 10, 2014
D.C. PSC Rules on Offset to Pepco POR Discount Rate
The District of Columbia PSC has approved Pepco's purchase of receivables discount rates as filed in September, which excluded any offset resulting from late payment revenues paid by competitive supply customers.
March 4, 2014
BGE Gas Discount Rate to Decline for Residential Customers
Baltimore Gas & Electric has filed at the Maryland PSC to update its natural gas purchase of receivables discount rates, with the new rates proposed to be effective June 1, 2014.
March 4, 2014
Maryland Utility Files to Set POR Discount Rates to Zero
Potomac Edison has filed at the Maryland PSC to update its purchase of receivables discount rates, with the new rates proposed to be effective June 1, 2014.
March 3, 2014
BGE, Pepco Propose Significant Increase in Residential POR Discount Rate
Baltimore Gas & Electric and Pepco have filed at the Maryland PSC updated discount rates proposed to be effective June 1, 2014, which include significant increases in the residential discount.
February 27, 2014
Connecticut Light and Power Updates POR Discount Rate
Connecticut Light and Power has filed an annual update to its Purchase of Receivables discount rate, which equals the non-hardship average uncollectibles factor.
February 26, 2014
Black Tuesday: New York Adds Recourse to Purchase of Receivables; Will Adopt ESCO-Specific Discounts
The New York PSC has added a measure of recourse to its electric and natural gas purchase of receivables programs.
February 21, 2014
New Purchase of Receivables Program Approved by PUC
A final Pennsylvania PUC decision approved an unopposed settlement to implement a purchase of receivables program at Philadelphia Gas Works -- with an initial discount rate of nearly 7% for residential customers.
February 12, 2014
Utility to Significantly Decrease Purchase of Receivables Discount
United Illuminating has filed its 2014 Non-Hardship Uncollectable Factor, which serves as the discount applied to purchased receivables.
February 7, 2014
D.C. Seeks Additional Comment on Retail Supplier Access to Smart Meter Data
The District of Columbia PSC has issued additional questions and sought supplemental comment regarding the provision of advanced metering interval data and historic AMI interval data to retail electric suppliers.
February 7, 2014
Pennsylvania Proposes Including Supplier Logo on Utility Bill, Shopping Information Box
The Pennsylvania PUC has issued a tentative order that would, among other things, require utility consolidated bills to include the logo of the customer's retail electric supplier.
February 3, 2014
Massachusetts Utilities File POR Discount Rates
Massachusetts electric utilities have filed purchase of receivables uncollectible discount rates resulting from consensus terms and conditions.
January 30, 2014
Draft Order Would Approve Purchase of Receivables at New Utility
A recommended decision would approve an unopposed settlement which would implement a purchase of receivables program at Philadelphia Gas Works -- with an initial discount rate of nearly 7% for residential customers.
January 24, 2014
Massachusetts Utility Reports Discounts for POR Program
Fitchburg Gas and Electric Light Company, d/b/a Unitil has filed with the Massachusetts DPU certain components of its proposed POR discount rate.