BGE Files New Purchase Of Receivables POR Discount Rates

Baltimore Gas & Electric has filed with the Maryland PSC new purchase of receivables (POR) discount rates.

Baltimore Gas & Electric's new electric POR discount rates, to be effective June 1, 2021, are as follows:

        Current Discount      6/1/21 Discount
Residential      0.0000%      0.0000%
Type I           0.0000%      0.0000%
Type II          0.0000%      0.0000%
Hourly           0.0000%      0.0000%

BGE's new natural gas POR discount rates are as follows, to be effective June 1, 2021:

                  Current Discount   6/1/21 Discount
Residential (Sch. D)       0.0000%    0.0000%
General Service (Sch. C)   0.0000%    0.0000%

For all customer classes, the 0% discount rates reflect a "zero-ing out" of a negative discount rate which resulted from the POR discount calculation, consistent with PSC policy.

The new POR discount rates remain subject to PSC approval.