HomeNovember 20, 2018
PSC Approves Decrease In Utility's Residential POR Discount Rate; Increase For Commercial Customers
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Note: This story was first published at 11:52 am on Nov. 20 with an alert to our email subscribers
The Maryland PSC approved at Washington Gas Light new purchase of receivables (POR) discount rates, with an effective date of November 20, 2018.
Under the approved update, WGL's Maryland residential POR discount rate will be 0%, reflecting a zeroing-out of a negative discount rate. WGL's current Maryland residential POR discount rate is 0.26%
Under the approved update, WGL's Maryland non-residential POR discount rate will be 0.4001%. WGL's current Maryland non-residential POR discount rate is 0%
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