Utility Receives Approval To Increase POR Discount From 0% to 4%

The District of Columbia PSC has approved Pepco's annual update to its purchase of receivables (POR) discount rates, effective August 1, 2023

Notably, the Pepco-DC residential (Schedules R and MMA including Rider RAD) POR discount will increase to 3.9807%, up from the current 0%

The new residential discount reflects net write-offs of about 2%, plus a reconciliation factor of 1.8%

Specifically, the new POR discounts approved for Pepco (D.C.) are, by SOS class:

Pepco (D.C.) - Approved

Rate Class                  Current    Aug. 1 2023

Residential
R, MMA, Rider RAD           0.0000%      3.9807%


Small Commercial 
GS-LV ND, T, SL,
   TS, TN                   0.0000%      0.7765%


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