HomeNews By CategoryBilling & Operations
Narrow these results by state, topic, company or docket — filters stack, and every story shown carries all of them.
November 29, 2012
The Maryland PSC ordered Washington Gas Light to use revenues from late payment fees as an offset to the purchase of receivables discount, resulting in a lower POR discount rate which will go into effect with January 2013 billings.
November 27, 2012
The Massachusetts Department of Public Utilities has scheduled a technical conference regarding the still pending Purchase of Receivables compliance filings made by the electric distribution companies.
November 26, 2012
Staff of the Maryland PSC have recommended that the Commission adopt a four-year amortization of IT implementation costs related to Washington Gas Light purchase of receivables, which results in the updated discount rate for residential receivables being cut by 70% versus the filed updated rate.
November 14, 2012
Staff of the Public Utility Commission of Texas have filed proposed interest rates, applicable to retail electric providers and utilities, for over-billings and under-billings and for customer deposits for calendar year 2013.
November 13, 2012
Washington Gas Light has filed updates to its prior proposed increases in the purchase of receivables discount rates with the Maryland PSC, and while the newly updated rates are lower, the residential discount rate which results under the current tariff still approaches 6%
November 1, 2012
Issues regarding the provision of ESCO and default service cost comparisons at Niagara Mohawk would be delegated to a collaborative under a term sheet setting forth the key terms of a settlement agreement among NiMo, Department of Public Service Staff, Multiple Intervenors, and other parties that…
October 25, 2012
Walking back an earlier tentative proposal, the Pennsylvania PUC has decided to maintain a current "waiting period" in the retail electric market that requires utilities to withhold completion of switches until expiration of the waiting period.
October 22, 2012
A recommended decision in PPL's rate case opens the door for the uncollectibles rate included in the Purchase of Receivables discount and the uncollectibles rate used in the bypassable Merchant Function Charge to diverge.
October 22, 2012
The New York PSC's newly initiated investigation of retail market issues (click here) will include the examination of whether ESCO receivables purchased by the utility should be purchased with recourse .
October 19, 2012
The discount rate for receivables purchased by Nicor Gas under its proposed POR program would be 1.5%.
October 18, 2012
The Illinois Commerce Commission has opened docket 12-0569 to review a Purchase of Receivables with Consolidated Billing program at Nicor.
October 15, 2012
New York PSC Staff have recommended that Central Hudson Gas & Electric be required to provide ESCO customers with a comparison of their cost under competitive supply and the shadow-billed cost they would have paid under bundled service.
October 12, 2012
Staff of the Maryland PSC have recommended that the Commission adopt a four-year amortization of IT implementation costs related to Washington Gas Light purchase of receivables, which results in the updated discount rate for residential receivables being cut by 70% versus the filed updated rate.
October 5, 2012
Orange & Rockland Utilities has filed updated electric and natural gas purchase of receivables discount rates.
October 1, 2012
The Maryland Energy Marketers Coalition (MEMC) has filed a proposal with the Maryland PSC to prevent a spike in the Washington Gas Light residential purchase of receivables discount rate to 7%, as MEMC cautioned that if POR implementation costs are not handled in a reasonable manner, "the…
September 26, 2012
Staff of the New York Public Service Commission have recommended that Niagara Mohawk provide residential electric and natural gas ESCO customers with a comparison of competitive supply costs versus shadow default service costs, including through a notice on the monthly utility consolidated bill…
September 21, 2012
The District of Columbia PSC ordered Pepco to implement a purchase of receivables program within "approximately" nine months, further directing that all costs of the program shall be borne by retail suppliers (FC 1085).
September 19, 2012
The New York PSC has denied a petition filed by Agway Energy Services, LLC which was seeking an order from the PSC directing Niagara Mohawk Power Corporation (NMPC or National Grid) to compensate Agway for incremental sales taxes and interest assessed by the New York State Department of Taxation and…
September 19, 2012
The Pennsylvania PUC's Bureau of Investigation and Enforcement (I&E) has expressed concerns with the proposed levels for the discount rates in Equitable Gas' purchase of receivables program.
September 4, 2012
Pepco has informed retail suppliers in the District of Columbia that, at this time, it does not intend to provide, on a daily basis, residential interval data from advanced meters to retail suppliers.
August 31, 2012
Washington Gas Light has filed updated purchase of receivables discount rates with the Maryland PSC, and the new residential rate, as calculated under the current tariff, would be nearly 7%.
August 29, 2012
A competitive supplier has compared Purchase of Receivables to sub-prime mortgages.
August 3, 2012
The Pennsylvania PUC has directed that its Office of Competitive Markets Oversight (OCMO) investigate and report on issues related to the provision of customer data by electric utilities to retail suppliers.
August 2, 2012
Ohio Sets Workshop on Payment Priority for Consolidated Bill Receivables
July 31, 2012
Negotiations are continuing among electric distribution companies and retail suppliers regarding purchase of receivables in Massachusetts.
