Utility Seeks To Increase POR Discount From 0% To Over 1%

Pepco in the District of Columbia has filed updated purchase of receivables discount rates, proposed to be effective July 1, 2021

For residential customers, Pepco (D.C.) proposes to increase the POR discount rate to 1.2443% from the current 0%

Specifically, proposed new POR discounts for Pepco (D.C.) are as follows, by SOS or market-priced service rate schedule:

Rate Class                  Current   July 1, 2021

Residential
R, MMA, Rider RAD           0.0000%   1.2443%

Small Commercial 
GS-LV ND, T, SL,
   TS, TN (SOS)             0.0000%   0.0000%

Large Commercial
GS-LV, GS 3A, GT LV, MGT LV,
   GT 3A, GT 3B, RT (SOS)   0.0000%   0.0000%

Market Priced
GSLV-ND, GS-LV, GS 3A, 
   GT LV, MGT LV, GT 3A, T, 
   SL, TS                   0.0000%   0.0000%

For the non-residential classes, the 0% discounts reflect the "zeroing-out" of negative discount rates that otherwise result from the discount rate calculation