Utility Files New POR Discount Rates, Seeks To Continue Mitigation

Nstar has filed with the Massachusetts DPU proposed new standard complete billing percentages (SCBPs), or purchase of receivables (POR) discount rates, proposed to be effective May 1, 2023

Nstar's proposed POR discounts, which apply on a consolidated basis (East & West service areas) are as follows:

Nstar SCBPs (Applicable To All Territories)
             Current      Proposed
Residential   0.96%        0.86%
Commercial    0.23%        0.15%
Industrial    0.34%       -0.15%

Nstar said that the rates as proposed above reflect the use of an alternative calculation, in the same manner as prior years, to mitigate the anticipated volatility in the POR Discount Rate resulting from the COVID-19 pandemic

D.P.U. 23-POR-02