HomeFebruary 27, 2014
Connecticut Light and Power Updates POR Discount Rate
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Connecticut Light and Power has filed an annual update to its Purchase of Receivables discount rate, which equals the non-hardship average uncollectibles factor.
At Connecticut Light and Power, the company-wide non-hardship average uncollectibles factor will be updated to 0.26%, effective with the purchase of supplier receivables related to April 2014 billings. This is marginally higher than the current discount of 0.24%.
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