Utility Files to Double POR Discount Rate To Over 2%

Pepco and Delmarva in Maryland have filed updates to their purchase of receivables discount rates, with the Pepco residential discount jumping to over 2%.

Pepco's proposed updated Maryland POR discount rates, effective June 1, 2015, are as follows:

             Current Discount      New Discount
Residential      1.1687%             2.0233%
Type I           0.6327%             0.3683%
Type II          0.0926%             0.1496%
Hourly           0.0000%             0.0000%

Delmarva's proposed updated Maryland POR discount rates, effective June 1, 2015, are as follows:

             Current Discount      New Discount
Residential      0.0000%             0.0000%
Type I           0.0000%             0.0000%
Type II          0.0000%             0.0000%
Hourly           0.0000%             0.0000%