Delmarva Files Revised Proposal for POR Discount Rates

Delmarva Power & Light has filed with the Maryland PSC a revised set of proposed new purchase of receivables (POR) discount rates.

The proposed discount rates have been revised, at the Commission's direction, to be consistent with the methodology used at Pepco, particularly with respect to reconciliation.

The new proposed discount rates are:

Residential, Schedules R & R-TOU-ND: 2.1523%

Type I, Schedule SGS-S, GS-SH, GS-WH, TN, ORL & OR: 0.0000% (results from "zeroing" of negative discount of 0.2390%)

Type II, Schedules SGS-S, LGS-S, & GS-P: 1.3735%

Hourly Priced, Schedules LGS-S, GS-P, & GS-T: 0.0000% (results from "zeroing" of negative discount of 0.0389%)

For comparison, the earlier proposed discount rates had been

Residential: 2.3384%

Type I: 0.0000%

Type II: 0.8183%

Hourly Priced: 0.0000%

Also for comparison, currently effective POR discount rates are:

Residential: 2.1879%

Type I: 0.6295%

Type II: 0.0366%

Hourly Priced: 0.0048%