Utility Files Purchase Of Receivables Discount Rates For New POR Program

Delmarva Power has filed initial purchase of receivables discount rates for its new POR program in Delaware

The new POR program, and an accelerated June 1 start date had been exclusively reported by EnergyChoiceMatters.com in March (see story here)

Delmarva's filed POR discount rates for Delaware are:

POR Discount


Residential 
Uncollectibles         0.9108%
Risk Assessment %      0.0000%
Amortization           0.0096%
Reconciliation         0.0000%

Estimated Impact 
   of Year 1 Initial 
   Lag in Write-offs       67%


Total Discount Factor  
  Adjusted for Initial 
  Lag in Write-offs    0.6167%


Payment Factor        99.3833%







Small C&I 
Schedules SGS, GSSH, GS-WH, 
  MGS, ORL, OL 


Uncollectibles         0.4891%
Risk Assessment %      0.0000%
Amortization           0.0197%
Reconciliation         0.0000%

Estimated Impact 
   of Year 1 Initial 
   Lag in Write-offs       67%


Total Discount Factor  
  Adjusted for Initial 
  Lag in Write-offs    0.3409%


Payment Factor        99.6591%







Large C&I 
Schedules LGS, GSP 


Uncollectibles         0.1727%
Risk Assessment %      0.0000%
Amortization           0.0038%
Reconciliation         0.0000%

Estimated Impact 
   of Year 1 Initial 
   Lag in Write-offs       67%


Total Discount Factor  
  Adjusted for Initial 
  Lag in Write-offs    0.1182%


Payment Factor        99.8818%







Hourly Priced 
Schedules LGS, GSP, GST 


Uncollectibles         0.0000%
Risk Assessment %      0.0000%
Amortization           0.0000%
Reconciliation         0.0000%

Estimated Impact 
   of Year 1 Initial 
   Lag in Write-offs       67%


Total Discount Factor  
  Adjusted for Initial 
  Lag in Write-offs    0.0000%


Payment Factor       100.0000%