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HomeMarch 4, 2016

Purchase of Receivables Discount Rate to Decrease at Maryland Utility

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Copyright 2016 EnergyChoiceMatters.com.

Potomac Edison has filed at the Maryland PSC to update its purchase of receivables discount rates, with the new rates proposed to be effective June 1, 2016.

Potomac Edison's updated POR discount rates are proposed as follows:

             Current Discount      New Discount
Residential      1.0491%             0.7703%
Type I           0.0000%             0.0000%
Type II          0.0000%             0.0000%
Hourly           0.0000%             0.0000%

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