March 29, 2013
PPL Electric has filed with the Pennsylvania PUC a proposed mechanism to establish the purchase of receivables discount rate to reflect the unique uncollectibles experience of retail supply customers.
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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.
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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.
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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.
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June 25, 2012
Direct Energy Services, LLC has sought a modification to the treatment of uncollectibles under PPL Electric's purchase of receivables program, in testimony filed in PPL's rate case (R-2012-2290597).
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April 6, 2012
PPL Electric Utilities would modify its purchase of receivables discount rate under a base rate case filed with the Pennsylvania PUC (R-2012-2290597).
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