Massachusetts Utilities File New POR Discount Rates

The Massachusetts electric utilities have filed new proposed purchase of receivables discount rates (standard complete billing percentages) to be effective May 1, 2015.

The rates remain subject to DPU approval.

The proposed POR discounts are:

Nstar
              Residential  Commercial  Industrial
Uncollectible    1.32%        0.21%       0.14%
Admin Cost       0.12%        0.12%       0.12%
Reconciliation  -0.17%       -0.01%      -0.01%
Total            1.27%        0.32%       0.25%


National Grid
              Residential  Commercial  Industrial
Uncollectible    2.17%        0.86%       0.19%
Admin Cost       0.06%        0.06%       0.06%
Reconciliation  -0.04%       -1.19%       0.00%
Total            2.19%       -0.27%       0.25%


WMECO
              Residential  Commercial  Industrial  Other
Uncollectible    2.02%        0.14%       0.03%    0.05%
Admin Cost       0.00%        0.00%       0.00%    0.00%
Reconciliation   0.21%        0.01%       0.01%    0.02%
Total            2.23%        0.16%       0.04%    0.07%