Utility Requests Delay For Start Of New POR Program

Washington Gas Light has asked the District of Columbia PSC to delay the start of its new purchase of receivables program pending further discussions regarding the discount rate calculation and, if the discount rates are changed due to ongoing discussions concerning the discount rate methodology, asked that POR implementation take place with the first bill cycle commencing within five days after final approval of the POR discount rates.

WGL noted that it supported the Retail Energy Supply Association's June 7, 2018 Request to Extend the Implementation Date of Washington Gas Light Company's Purchase of Receivables (POR) Program, until August 27, 2018, to allow the parties an opportunity to propose a mutually agreeable methodology for calculating the POR discount rates.

To allow sufficient time for necessary testing prior to implementation, WGL requested that POR implementation take place on September 4, 2018, the first bill cycle in September; provided the currently proposed POR discount rates are approved by August 30, 2018. If the proposed rates are revised as a result of the parties' discussions, WGL requested that POR implementation take place with the first bill cycle commencing within five days after final approval of the POR discount rates.

"Until the POR discount rates are approved by the Commission, the Company cannot complete its system testing without incurring additional costs beyond those previously identified in this proceeding. In an effort to stay within the implementation cost estimates filed in this case, the Company requests approval of this extension of the POR implementation date," WGL said

WGL said that it has been authorized to represent that RESA and the Office of the People's Counsel for the District of Columbia do not oppose its request.