PECO To Increase POR Discount

PECO has filed at the Pennsylvania PUC to increase its natural gas purchase of receivables (POR) discount rate, to reflect the PUC's approval of recovering 50% of the costs of implementing a natural gas remote account number look-up mechanism through the discount.

Specifically, as a result of such cost recovery, POR discounts for the following classes would include an additional 0.52% discount factor.

As a result, effective December 1, 2016, PECO's gas POR discount factors would be set at 1.59% for Rates GR and CAP, 0.82% for Rates GC and the Excess Off-Peak Rider, and 0.52% for Rates OL, L, and MV-F.

This compares to the current PECO gas discount factors of 1.07% for Rates GR and CAP, 0.30% for Rates GC and the Excess Off-Peak Use Rider and 0.00% for Rates OL, L, and MV-F.

The remaining 50% of the natural gas remote account number look-up mechanism will be recovered through the bypassable Purchased Gas Cost Adjustment