August 26, 2020
Regulator Will Continue To Monitor POR, Says Changes "Warranted" If Cost Effective
In a final interim decision in its review of potential changes to the electric purchase of receivables (POR) mechanism, the Connecticut PURA finds that changes do not appear to be cost effective at this time, but finds that changes, "would be warranted," if later found to be cost effective
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July 13, 2020
Utility Cites Expected Increase In Uncollectibles, Costs To Utility Due To COVID-19
Connecticut Light & Power has proposed changes to its purchase of receivables program, including reflecting new cost components in the discount rate mechanism
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June 16, 2020
In its investigation of potential changes to purchase of receivables (POR) for retail electric suppliers, the Connecticut Public Utilities Regulatory Authority has sought comment on whether market conditions have changed such that relieving suppliers from the burden of arrearages is no longer needed…
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March 25, 2020
Mean Billed Rates Exceed 13¢ For Some Suppliers
Connecticut Light & Power and United Illuminating have filed responses to an interrogatory in a Connecticut PURA proceeding concerning potential changes to the purchase of receivables mechanism, including the highest and average rates billed by retail electric suppliers
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January 22, 2020
Consumer Counsel Issues Discovery For Utilities To Report Suppliers' Specific Variable Rates
The Connecticut utilities has responded to a PURA interrogatory and have reported the number of residential customers still served under a variable rate
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January 15, 2020
The Connecticut PURA has issued interrogatories to Connecticut Light & Power and United Illuminating directing the utilities to, "Provide a list of suppliers and the number of residential accounts currently identified as being served under a variable rate for each supplier."
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January 13, 2020
Supplier-Specific Discounts, With True-ups, Have Been Suggested To Regulator
The Connecticut PURA has assigned docket 20-01-33 for a proceeding entitled, "PURA Review of Electric Distribution Companies’ Method of Payment to Licensed Electric Suppliers for Uncollectible Customer Accounts".
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