HomeFebruary 20, 2012
Central Hudson Updates POR Discount Rate
Copyright 2012 EnergyChoiceMatters.com.
Central Hudson Gas & Electric has filed an updated purchase of receivables discount rate with the New York PSC.
The new discount rate, applicable to both gas and electricity, is 1.46%.
This represents the three-year average of net write-offs of 1.28% for 2009 through 2011, plus 0.18% to recover other costs of the program.
The new discount rate is effective April 1, 2012.
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