Utility Files New Purchase Of Receivables (POR) Discount Rates

Potomac Edison has filed new purchase of receivables (POR) discount rates to be effective June 1, 2020

The residential POR discount would increase from the current 0.2124% discount to 0.3435%

Potomac Edison's proposed new POR discount rates are as follows:

           Current Discount    6/1/120 Discount
Residential    0.2124%           0.3435%
Type I         0.0000%           0.0000%
Type II        0.0000%           0.0000%
Hourly         0.0000%           0.0000%

Zero discount rates reflect the zeroing-out of negative discount rates which would otherwise result from the POR calculations, consistent with PSC precedent

Rates remain subject to PSC approval.