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March 22, 2013
Rules adopted by the New Hampshire Public Utility Commission currently prohibit the purchase of electric supplier receivables in the manner sought by retail suppliers, Public Service Company of New Hampshire said in recently filed testimony.
March 22, 2013
The PP&L Industrial Customer Alliance has requested that PPL Electric Utilities delay implementation of the Supplier Portal Pilot, which will allow retail suppliers to access customer data without the need for an EDI transaction, pending resolution of customer information disclosure issues.
March 18, 2013
Delmarva Power & Light has filed with the Maryland PSC proposed new purchase of receivables discount rates for the period beginning June 1, 2013. The proposed new discount rates are: Residential: 0% Type I: 0% Type II: 0.1987% Hourly: 0%
March 15, 2013
Baltimore Gas & Electric has filed updated purchase of receivables discount rates for electric and natural gas service, for the period starting July 1.
March 13, 2013
Stream Energy announced that it is cutting in half customer deposit requirements in markets where it is the exclusive billing party for energy supply.
March 12, 2013
The retention of a reversion to dual billing for retail supply customers in arrears, as contained in a New Jersey BPU Staff proposal for a revised purchase of receivables program, undermines the goals of improving the POR program to provide mass market customers with more competitive offerings, the…
March 11, 2013
Staff of the Illinois Commerce Commission have recommended that the Commission deny Nicor's proposed purchase of receivables tariff, testifying that no benefits to POR have been shown, and that therefore related expenses have not been shown to be prudent.
March 5, 2013
AEP Ohio has recommended implementation of a form of purchase of receivables, in comments filed in Ohio's retail electric market investigation.
March 5, 2013
The Connecticut utilities have filed updates to their Purchase of Receivables discount rates, which equal their non-hardship average uncollectibles factor.
March 4, 2013
Parties have filed a settlement to unbundle certain natural gas supply procurement costs at PECO from base rates and include such costs in a new bypassable Gas Procurement Charge (GPC), with such settlement also moving uncollectibles into the POR discount rates.
March 4, 2013
Pepco has filed with the Maryland PSC updates to its Purchase of Receivables discount rate, to take effect June 1, 2013.
March 4, 2013
Staff of the New Jersey Board of Public Utilities has issued to stakeholders proposed revisions meant to improve the Purchase of Receivables programs, but which retain an eventual reversion to dual billing if the customer remains in arrears.
February 26, 2013
Potomac Edison has filed with the Maryland PSC revisions to its Purchase of Receivables discount rates to be effective June 1, 2013.
February 21, 2013
The New Hampshire PUC has approved a revised procedural schedule for further consideration of a purchase of receivables program at the electric utilities, and other retail market enhancements.
February 5, 2013
The Utility Intervention Unit (UIU) of the New York State Department of State's Division of Consumer Protection has recommended to the New York PSC that ESCOs be compelled to use utility consolidated billing, with no alternatives.
January 31, 2013
An online energy broker has offered to another state public service commission a white label version of its online shopping platform to improve the PSC's existing retail energy supply comparison charts and to allow enrollment onto competitive supply through the PSC website.
January 29, 2013
A joint proposal by several parties in the New York PSC proceeding reviewing the acquisition of Central Hudson by Fortis Inc. would require Central Hudson to provide ESCO versus default service cost comparisons on retail access residential bills.
January 29, 2013
Although the New York Attorney General supports the end of purchase of receivables without recourse, New York utilities have balked at the idea, raising concerns that requiring POR with recourse could harm customers and increase administrative costs.
January 21, 2013
The District of Columbia PSC affirmed that Pepco's purchase of receivables program shall credit late payment revenues associated with purchased receivables as an offset under the discount rate calculation, as the PSC denied various rehearing requests of its prior POR order.
January 21, 2013
An online energy broker has offered to several state public utility commissions a white label version of its online shopping platform to improve the PUCs' existing retail energy supply comparison charts and to allow enrollment onto competitive supply through the PUC websites.
January 2, 2013
A written order from the Pennsylvania PUC confirms that the current purchase of receivables discount rates at PPL will remain in effect until the PUC acts upon a revised discount rate filing to separate competitive supply versus default service uncollectibles, which has not yet been filed.
December 21, 2012
The Pennsylvania PUC has approved a purchase of receivables program at Equitable Gas Company, LLC, but largely adopted the program parameters as proposed by Equitable, which had been protested by retail suppliers
December 6, 2012
The Pennsylvania PUC denied a request from Direct Energy to recover purchase of receivables uncollectibles, as well as default service uncollectibles, through a nonbypassable charge at PPL, and also adopted an ALJ's recommendation regarding the level for the POR discount rates.
December 4, 2012
As of approximately 11 p.m. local time December 3, ERCOT restored several systems, including Retail Transaction Processing and MarkeTrak, which had suffered an outage at approximately 1:00 a.m. on December 3.
November 29, 2012
Requiring distribution utilities to provide ESCO customers with a comparison of their costs under ESCO service versus shadow-billed default service costs would be of "limited value," Central Hudson Gas & Electric Corporation said in rebuttal testimony in a New York PSC proceeding reviewing its…
