HomeMarch 16, 2015
Utility To Increase Purchase of Receivables Discount
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United Illuminating has filed its 2015 Non-Hardship Uncollectable Factor, which serves as the discount applied to purchased receivables.
Specifically, United Illuminating's 2015 Non-Hardship Uncollectable Factor is 0.95%, up from the current 0.72%.
UI's 2015 Non-Hardship Uncollectable Factor reflects an average of the 2014 (1.22%) and 2013 (0.66%) chargeoff percentages.
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