May 2, 2022
BGE To Increase Residential POR Discount Rate From Current 0%
Baltimore Gas & Electric has filed with the Maryland PSC new purchase of receivables (POR) discount rates.
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Purchase of Receivables (POR)
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April 29, 2022
Regulator Conditionally Approves Utilities' Alternative Purchase Of Receivables (POR) Discounts
Residential Discount Falling From 3% to 1.4% At One Utility
A retail energy regulator has conditionally approved the alternative calculations of POR discount rates
March 14, 2022
Report From Regulator's Staff Says 90% Of Shopping Residential Customers At Utility Paid Rate Above Default Service In Second Half Of 2021
The Staff of a utility regulator moved that an electric competition report be adopted
February 28, 2022
Alleging Utility Billing, EDI System Errors, Retail Supplier Petitions PSC To Order Utility To Disgorge Service Fees, POR Discounts Paid By Supplier
A retail energy supplier filed a petition with…
February 10, 2022
Regulator Issues Order On Purchase Of Receivables (POR) Discount Rates
The Massachusetts DPU, at both Eversource (Nstar, East & West) and National Grid, has ordered that the currently effective purchase of receivables discount rates (standard complete billing percentages or SCBPs) shall remain in effect until the Department orders otherwise
January 12, 2022
PUC Opens Rulemaking To Address Revised Municipal Aggregation Statutes, POR
The New Hampshire PUC opened a rulemaking to implement recent legislative revisions governing opt-out municipal aggregation
December 14, 2021
Default Service Utilities Seek To Move To Six-Month Fixed Rate, From Current Three-Month Fixed Rate, In New Default Service Plan
Utilities Seek To Eliminate Shortest-Term Contracts From Commercial Default Service Procurement To Smooth Out Price Swings
November 23, 2021
Regulator Approves Decrease In Residential Purchase Of Receivables (POR) Discount, Increase In Commercial Discount
The Massachusetts DPU approved new Standard Complete Billing Percentages (purchase of receivables [POR] discount rates) at Fitchburg Gas and Electric d/b/a Unitil, effective on and after December 1, 2021
November 8, 2021
PUC Staff Says Supplier Consolidated Billing Should Not Be Expanded At This Time, Cites "Poor Participation" Among Suppliers
Staff of the Public Utilities Commission of Ohio have recommended in a report on a supplier consolidated billing (SCB) pilot at AEP Ohio that SCB should not be expanded at this time, as Staff cited, "poor participation of the eligible providers and concerns with the methods of customer enrollment[.]…
September 24, 2021
PSC Staff Seeks Delay In Date For Supplier Consolidated Billing Implementation, As Milestones Pass Without Consensus
Staff of the Maryland PSC have filed a request to revise the schedule for implementation of supplier consolidated billing, and to employ a consultant to assist with implementation
August 27, 2021
Governor Signs Law Requiring Utilities To Offer Purchase Of Receivables (POR) To Municipal Aggregations
New Hampshire Gov. Chris Sununu has signed HB 315 which, among other things, requires utilities to offer purchase of receivables (POR) to municipal aggregations
August 20, 2021
New York Utilities Balk At Purchasing Receivables (POR) Of ESCO Value-Added Products, Want Issue Considered Under Track II Retail Market Review Other Issues For Track II Set At Kick-off Meeting
During a Department of Public Service stakeholder meeting, a representative of several New York utilities balked at purchasing the receivables of ESCOs for non-supply, energy-related value-added products and services (ERVAS), and said that the issue of POR for ERVAS should be considered in Track II…
August 10, 2021
Utilities Propose How To Address Reconciliation Of Purchase Of Receivables Given Prior Order Which Maintained Prior-Year Discount Rates
National Grid and Nstar have both filed proposals with the Massachusetts DPU on how to address reconciliation of the Standard Complete Billing Percentages (SCBPs) -- the term of purchase of receivables (POR) discounts -- given the DPU's prior order to maintain the current SCBPs
July 20, 2021
PSC Approves New Purchase Of Receivables (POR) Discount Rates
The District of Columbia PSC has approved new purchase of receivables discount rates at Pepco, to be effective July 1, 2021
June 10, 2021
PSC Approves Higher Purchase Of Receivables (POR) Discount Rates At Several Utilities
The Maryland PSC recently approved new purchase of receivables (POR) discount rates at the four investor-owned utilities. The effective date varies by utility.
May 12, 2021
Update: Utility Revises Recently Proposed Update To POR Discount Rate, Increase No Longer Proposed
Pepco in the District of Columbia has filed a revision to its proposed new purchase of receivables (POR) discount rates, such that it now proposes to maintain the residential POR discount at 0%, rather than increasing it to 1.2443% as previously reported
May 10, 2021
PSC Approves Increase In Purchase Of Receivables (POR) Discount Rate
The District of Columbia PSC approved new purchase of receivables (POR) discount rates at Washington Gas Light, with the new rates effective immediately
May 10, 2021
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
May 3, 2021
Regulator Maintains Current Purchase Of Receivables (POR) Discount Rates Due To COVID Shut-off Moratorium
Normal Annual Revisions Would Have Resulted In Negative POR Discount Rates
The Massachusetts DPU, at both Eversource (Nstar, East & West) and National Grid has ordered that the currently effective purchase of receivables discount rates (standard complete billing percentages) shall remain in effect, subject to investigation and reconciliation, unless the Department orders…
April 30, 2021
Three Utilities File New Purchase Of Receivables (POR) Discount Rates; Includes Higher Discounts For Some Residential, Small C&I Classes
In Maryland, Pepco, Delmarva, and Potomac Edison have filed new purchase of receivables (POR) discount rates, to be effective June 1, 2021.
April 20, 2021
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.
March 16, 2021
Utility Seeks To Maintain Current POR Discount Rates, Saying Change Under Normal Formula Would Result In Higher Than Normal Payments To Retail Suppliers Due To Shut-off Moratoriums
Another Utility Files Negative POR Discount Rate For Residential Service
Nstar (Eversource) has filed with the Massachusetts DPU proposed purchase of receivables discount rates (standard complete billing percentages) to be effective May 1, 2021, with Nstar seeking to maintain the current level of POR discount rates because it says that a shut-off moratorium would…
February 15, 2021
New York Utility Files New POR Discount Rates
Central Hudson Gas & Electric has filed new purchase of receivables (POR) discount rates with the New York PSC, to be effective April 1, 2021
February 15, 2021
Following PSC Guidance, Staff Provides Consensus Items For Supplier Consolidated Billing Regulations; Some Issues Remain Unresolved
Staff of the Maryland PSC have updated proposed regulations for supplier consolidated billing (SCB) following direction from the Commission during a December rulemaking session for additional discussion among stakeholders on various non-consensus issues (RM70)
February 10, 2021
New Hampshire Bill Amending Municipal Aggregation Authority Would Provide Utility Billing Arrangement Described By Stakeholders As "Purchase Of Receivables"
The New Hampshire House of Representatives' Science, Technology and Energy Committee will on Feb. 12 hold a hearing on HB315 which would amend various provisions of the 2019 statute authorizing opt-out municipal aggregations for electricity