Massachusetts Utilities File POR Discount Rates

Massachusetts electric utilities have filed purchase of receivables uncollectible discount rates resulting from consensus terms and conditions.

The discount rates are still subject to DPU approval, and depending on how long approval takes, may need to be updated to reflect updated underlying data (e.g. most recent uncollectibles).

As filed, the POR uncollectible discount rates for going forward (non-existing) receivables are:

National Grid
Residential:       1.98%
Commercial:        0.83%
Industrial:        0.18%

Nstar
Residential:       1.47%
Small C&I:         0.45%
Large C&I:         0.13%

WMECO
Residential:       2.13%
Commercial:        0.26%
Industrial:        0.03%
Other:             0.04%

Unitil
Residential:       3.61%
Non-Residential:   0.86%

Utilities also filed total implementation costs for POR, but did not translate such amounts into POR discount percents.