HomeOctober 11, 2013
New York Utility Files New Purchase of Receivables Discount Rates
Copyright 2013 EnergyChoiceMatters.com.
Orange & Rockland has filed new purchase of receivables discount rates for electric and gas service, effective November 1.
For electric service, O&R has filed to set the POR discount percentage at 1.031%, including an uncollectibles percentage of 0.389% and risk factor of 0.078%.
The current electric POR discount percentage is 1.160%
For electric service, the uncollectibles percentages used in the calculation of the Merchant Function Charges will be set at 0.515% for residential and 0.145% for non-residential customers, effective November 1, 2013.
For natural gas service, O&R has filed to set the POR discount percentage at 1.194%, including an uncollectibles percentage of 0.389% and risk factor of 0.078%.
The current gas POR discount percentage is 1.458%.
For natural gas service, the uncollectibles percentages used in the calculation of the Merchant Function Charges will be set at 0.515% for residential and 0.145% for non-residential customers, effective November 1, 2013.
For natural gas service, the uncollectibles percentage used in the determination of the Balancing Charge shall be set at 0.389% effective November 1, 2013.
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