National Grid Residential POR Discount Decreases, Commercial POR Discount Increases

The Massachusetts DPU approved new purchase of receivables discount rates (standard complete billing percentages) at National Grid, effective May 1, 2017.

The adopted May 1, 2017 National Grid Massachusetts POR discounts are:

              Residential  Commercial  Industrial
Uncollectible    2.22%        0.77%       0.08%
Admin Cost       0.00%        0.00%       0.00%
Reconciliation   0.05%        0.35%      -0.05%
Total            2.27%        1.12%       0.03%

For comparison, National Grid's prior POR discounts were:

              Residential  Commercial  Industrial
Uncollectible    2.26%        0.81%       0.10%
Admin Cost       0.01%        0.01%       0.01%
Reconciliation   0.34%        0.06%      -0.09%
Total            2.61%        0.88%       0.02%