September 25, 2024
PSC Rejects Changes To POR Discount Rates Filed To Resolve Under-recoveries Under An Assumed Dec. 31, 2024 End Date For POR
A PSC has rejected, at three utilities, proposed modifications to…
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September 13, 2024
PSC Staff Proposes Continuation, For Period Greater Than 1 Year, Of POR For Existing Contracts
Mandatory Dual Billing For Other Contracts
Retail energy suppliers would be permitted to continue using utility consolidated billing with purchase of receivables until…
September 6, 2024
Even Under Latest Directed Revisions, Utility's POR Discount Rate Update Still Exceeds 5.4% Level Previously Rejected By PSC On Competitive Grounds
A further revision to…
September 3, 2024
Utilities Seek To Assign Uncollectibles Costs After End Of POR To Retail Suppliers, Socialize Any Remaining Balance Among Suppliers
Interim POR Discounts >10% Proposed At Multiple Utilities
Two Pennsylvania PUC ALJs have endorsed a contested settlement in…
August 29, 2024
Proposal Would Limit SOS Suppliers' Load Risk Due To Opt-outs From Municipal Aggregation
An Office of People's Counsel has developed a revised proposal meant to address…
August 26, 2024
PSC Staff Questions Utility's Use Of 2023 Bad Debt In POR Reconciliation Factor, Given Prior Order To "Use" 2022 Data (Addressing 11% Discount Rate)
Staff of a PSC have issued an interrogatory to
August 21, 2024
Retail Supplier Launches Service In Maryland
A retail energy supplier announced that…
August 16, 2024
After Rejecting 5.4% POR Discount Due To Impact On Retail Market, PSC's Directive Results In 11% POR Discount
An EDC has filed a revised residential purchase of receivables discount rate using inputs as directed by a PSC
August 12, 2024
Utilities Float Withholding Amounts Due To All Retail Suppliers Under UCB To Pay For SCB (Change From Current SCB-Only Fee)
In separate comments, several utilities and an Office of People's Counsel have raised…
August 9, 2024
Major Utilities Say Mandatory Dual Billing Could Be Required For 18-Month Period
Several utilities informed the PSC that
August 7, 2024
Utilities Seek To Require Use Of Dual Billing By Retail Suppliers
During a PSC conference concerning implementation of the ban on residential purchase of receivables (POR)…
August 7, 2024
PSC Orders Utility To File Alternative To Both 15% & Updated 5% POR Discount Rate
Concerned about the potential "anti-competitive" impacts from two proposals from…
August 2, 2024
Utilities Say PSC Should End POR For All Residential Customers
People's Counsel Urges PSC To Use Emergency Authority To Repeal POR Entirely
A PSC has been asked to use its emergency authority to repeal its existing purchase of receivables (POR) rules in an expedited manner
July 12, 2024
PSC Orders Utilities To Continue Work On Supplier Consolidated Billing Implementation
Orders Briefing On New Law's Impact On SCB
With new legislation only addressing the purchase of residential receivables…
July 2, 2024
Utility Proposes Solution To Mitigate 15% POR Discount Rate, Cautions That Rate May Continue To Be Challenging In Future
An EDC has offered an alternative to the nearly 15% purchase of receivables (POR) discount rate that would result
June 18, 2024
Retail Suppliers Urge PSC To Develop Alternative To Shocking 15% POR Discount For Residential Customers That Renders Retail Contracts "Uneconomic"
The nearly 15% purchase of receivables discount rate which resulted from…
June 12, 2024
PSC Directs Utilities To Report On POR Discount Rate Changes, Balances In Light Of POR Wind Down
PSC Approves Large POR Increases At Several Utilities
A PSC has directed…
June 12, 2024
PSC To Seek Briefs On SB 1's Impact On Supplier Consolidated Billing, Set To Address SCB Implementation Pause
A PSC expects to quickly issue an order addressing whether…
May 31, 2024
Maryland Utilities Ask PSC To Pause Retail Market Review, Citing Implementation Activities Under Reform Law SB1
The Maryland Joint Utilities (indicated below) have asked the Maryland PSC to hold in abeyance the PSC's review of…
May 24, 2024
Pepco-MD POR Discount To Increase 50%, Approaches 3%
Pepco has filed at the Maryland PSC new purchase of receivables discount rates proposed to be effective July 1, 2024
May 22, 2024
Retail Supplier To Pay $183,000 Under Settlement
A PSC approved a settlement among…
May 15, 2024
Utilities Intend To Pause Work On Supplier Consolidated Billing
Several utilities intend to "pause" work on IT systems updates to implement Supplier Consolidated Billing (SCB)
May 2, 2024
PSC Removes Costs From Bypassable SOS Admin. Charge, Changes SOS Rates
A PSC has ordered an EDC to remove from the bypassable SOS administrative charge certain costs
May 1, 2024
SHOCK: Utility Files 15% POR Discount Rate
85 cents on the dollar
April 19, 2024
Pepco Residential Default Service Rate To Increase About 12% In October
Pepco and Delmarva Power in Maryland have filed updated SOS rates for various customer classes and time periods