HomeNews By TopicPurchase of Receivables (POR)
Narrow these results by state, topic, company or docket — filters stack, and every story shown carries all of them.
January 11, 2021
New York Governor Andrew Cuomo, as part of the 2021 State of the State, announced a proposal to prohibit utility disconnections, including for electric and gas utilities, in regions that are under a state of emergency.
December 28, 2020
Consolidated Edison Company of New York, Inc. has filed with the New York PSC an updated Statement of Purchase of Receivables (POR) Discount Percentage for electricity
December 1, 2020
The Massachusetts DPU approved new Standard Complete Billing Percentages (purchase of receivables [POR] discount rates) at Fitchburg Gas and Electric d/b/a Unitil, to be effective December 1, 2020
October 20, 2020
A Pennsylvania ALJ has issued a recommended decision in PECO's default service proceeding that would establish parameters for default service for the period June 1, 2021 through May 31, 2025 (DSP V)
October 9, 2020
The Pennsylvania PUC adopted an order in a UGI Utilities - - Gas Division rate case that establishes new amounts for the purchase of receivables (POR) discount rates and Merchant Function Charges (MFC)
September 23, 2020
Staff Encourages PSC To Study If Cherry-Picking Of Better-Paying Customers For SCB Harms UCB-POR Program, Other Suppliers
September 2, 2020
Fitchburg Gas and Electric d/b/a Unitil has filed with the Massachusetts DPU revised Standard Complete Billing Percentages (purchase of receivables [POR] discount rates), to be effective December 1, 2020
August 26, 2020
Regulator Will Continue To Monitor POR, Says Changes "Warranted" If Cost Effective
In a final interim decision in its review of potential changes to the electric purchase of receivables (POR) mechanism, the Connecticut PURA finds that changes do not appear to be cost effective at this time, but finds that changes, "would be warranted," if later found to be cost effective
August 14, 2020
Various parties, including PECO, the Office of Consumer Advocate, the Office of Small Business Advocate, CAUSE-PA, several retail suppliers, and industrial customers have filed a settlement in PECO's default service proceeding that would establish parameters for default service for the period June 1…
August 3, 2020
As part of a rate case newly filed with the New York PSC, Niagara Mohawk (National Grid, NiMo, or "the Company") is proposing to close its non-core daily balancing transportation service to new customers, and is proposing to offer a new core daily balancing transportation service, which will require…
July 30, 2020
The Connecticut PURA issued a proposed interim decision in its review of the electricity purchase of receivables mechanism, under which PURA would maintain the current mechanism only because alternatives have not been found to be cost effective, as PURA warned that future changes would be warranted…
July 13, 2020
Utility Cites Expected Increase In Uncollectibles, Costs To Utility Due To COVID-19
Connecticut Light & Power has proposed changes to its purchase of receivables program, including reflecting new cost components in the discount rate mechanism
July 2, 2020
The District of Columbia PSC approved updated discount rates for purchase of receivables (POR) at Pepco
June 23, 2020
New York State Electric & Gas Corporation (NYSEG) and Rochester Gas and Electric Corporation (RG&E) (collectively, the Companies), New York State Department of Public Service Staff, Multiple Intervenors, and certain ratepayer and green groups have filed a joint proposal in the Companies' electric…
June 16, 2020
In its investigation of potential changes to purchase of receivables (POR) for retail electric suppliers, the Connecticut Public Utilities Regulatory Authority has sought comment on whether market conditions have changed such that relieving suppliers from the burden of arrearages is no longer needed…
May 28, 2020
The Maryland PSC approved new purchase of receivables discount rates at Pepco and Baltimore Gas & Electric, effective June 1 At Pepco-Md., the new POR discount rates are as follows, along with a comparison to current rates Current 6/1/20 Discount Discount Residential 0.6879% 0.1407% Type I 0.0000% 0…
May 22, 2020
Residential POR Discount Declines From 3% To Less Than 1% At One Utility
New purchase of receivables (POR) discount rates have been approved at Potomac Edison and Delmarva Power in Maryland, and at Washington Gas Light in the District of Columbia
May 6, 2020
Pepco and Delmarva in Maryland have modified their previously filed updates to their purchase of receivables (POR) discount rates to be effective June 1, 2020
May 4, 2020
Potomac Edison has filed new purchase of receivables (POR) discount rates to be effective June 1, 2020
May 4, 2020
Choptank Electric Cooperative has filed with the Maryland PSC revisions to its retail electric supplier coordination tariff
April 21, 2020
Baltimore Gas & Electric has filed with the Maryland PSC proposed updates to its purchase of receivables (POR) discount rates.
April 20, 2020
Commonwealth Edison has filed with the Illinois Commerce Commission changes to the Cost Recovery Amount (CRA) and Uncollectible Factor (UF) which are used to calculate the purchase of receivables discount (POR) under the provisions of Rider PORCB - Purchase of Receivables with Consolidated Billing…
April 16, 2020
Ameren in Illinois has filed an update to its Purchase of Uncollectible Discount Rate (POU Discount Rate)
April 16, 2020
Pepco in the District of Columbia has filed updated purchase of receivables discount rates, proposed to be effective June 1, 2020
April 16, 2020
The joint New York utilities have urged the New York PSC to establish a new collaborative to review the Uniform Business Practices’ financial security requirements for ESCOs
