HomeSeptember 4, 2015
PPL Rate Case Settlement Addresses Design, Discount Rate for Purchase of Receivables
Copyright 2015 EnergyChoiceMatters.com.
Purchase of receivables is among the issues to be decided by a rate case settlement filed by PPL Electric and various stakeholders announced yesterday
Initially, PPL was seeking, for Small C&I customers, to set both the bypassable Merchant Function Charge and the POR discount to zero, with the recovery of such electric supply uncollectible costs accomplished through base distribution rates.
The settlement would drop PPL's alterations to the MFC and POR program for the company's small business customers, and would retain the single uncollectibles rate that applies to both the MFC and the POR discount for Small C&I customers.
Additionally, PPL Electric's proposal to annually adjust the uncollectible percentage for both the MFC and POR is withdrawn under the settlement.
Per the settlement, the Residential uncollectible percentage will be set at 2.31% for both the MFC and POR, and the Small C&I uncollectible percentage will be set at 0.23% for both the MFC and POR
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