March 9, 2016
Maryland Utility To Increase POR Discount Rate
Delmarva has filed with the Maryland PSC proposed updated purchase of receivables discount rates to take effect June 1, 2016
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Purchase of Receivables (POR)
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March 9, 2016
Pepco To Decrease POR Discount Rates
Pepco has filed with the Maryland PSC proposed updated purchase of receivables discount rates to take effect June 1, 2016
March 4, 2016
Purchase of Receivables Discount Rate to Decrease at Maryland Utility
Potomac Edison has filed at the Maryland PSC to update its purchase of receivables discount rates, with the new rates proposed to be effective June 1, 2016.
March 1, 2016
NY ESCO Files Complaint To Stop Utility From Implementing POR "Netting"
East Coast Power & Gas, LLC filed a complaint at the New York PSC against KeySpan Gas East Corporation d/b/a National Grid concerning the LDC's plan to update the current outbound 820 file to include: (1) the netting out of the Billing Service Fee and the Credit and Collection Fee for the National…
February 24, 2016
PSC Denies Petition To Implement Purchase of Receivables, But Chairman Sends Message PSC Wants POR Process "Wrapped Up"
The Delaware PSC denied a petition from the Retail Energy Supply Association to implement a purchase of receivables program at Delmarva Power, but after a discussion of how long POR has been in the stakeholder process, PSC Chair Dallas Winslow said that it's clear the PSC's message is that, "we'd…
February 19, 2016
PSC Staff Recommend Commission Dismiss Petition From Retail Suppliers To Introduce Purchase of Receivables
Staff of the Delaware PSC have recommended that the Commission dismiss a petition from the Retail Energy Supply Association to require the implementation of purchase of receivables at Delmarva Power
January 25, 2016
Retail Suppliers Petition PSC To Introduce POR At New State, Utility
The Retail Energy Supply Association filed a petition with the Delaware PSC requesting that the PSC order Delmarva Power to implement a purchase of receivables program, "to enhance opportunities for customer choice in Delaware and encourage more competitive suppliers to offer energy supply products…
January 22, 2016
Purchase of Receivables Program Proposed at New Utilities
North Shore Gas and Peoples Gas in Illinois have filed for approval of a purchase of receivables program for retail natural gas suppliers.
January 20, 2016
PSC Formally Opens Review of Petition To Improve Retail Market
The Delaware PSC yesterday adopted an order to formally open an investigation to consider a petition from the Delaware Electricity Affordability Committee for the PSC to consider recommended retail electric market enhancements, including purchase of receivables, proposed by the Committee
January 11, 2016
Pa. Utility Files To Assign Costs, Via POR Discount, To Retail Suppliers For New Account Number Look-up Tool
Philadelphia Gas Works has filed a compliance plan to implement a remote account number access mechanism, which would allow retail suppliers to obtain a customer's account number in situations where the customer does not have their bill handy (i.e. shopping mall kiosks, etc.), and proposes to assign…
December 31, 2015
New POR Discount Rates, Ranging From 0% To 5%, Take Effect At Pepco
New POR discount rates at Pepco in the District of Columbia took effect on December 25.
December 24, 2015
PSC Opens New Docket To Consider Committee's Petition To Improve Retail Market
The Delaware PSC formally opened a new docket, to consider a petition from the Delaware Electricity Affordability Committee for the PSC to consider recommended retail electric market enhancements, including purchase of receivables, proposed by the Committee
December 15, 2015
AEP Ohio PPA Settlement Includes Customer Referral Program, Supplier Consolidated Billing Pilots
A non-unanimous settlement concerning AEP Ohio's proposal to enter long-term PPAs with affiliated generation, whose output would be sold into the wholesale market (not used for SSO) with costs/benefit allocated on a nonbypassable basis, includes a proposal for a pilot customer referral program and…
December 15, 2015
Delaware Electricity Affordability Committee Endorses POR, Other Market Enhancements
The Delaware Electricity Affordability Committee yesterday endorsed eight retail electric market enhancements, including purchase of receivables, and encouraged the PSC to consider adopting the enhancements
December 7, 2015
Utility: PSC Should Extract "Concrete" Commitments From Retail Suppliers Before Embarking on Market Improvements
Delaware should obtain, "concrete commitments," from retail electric suppliers that they will actively operate in Delaware if costs related to the numerous retail market enhancements are incurred, Delmarva said in comments on a draft report concerning customer choice enhancements
December 1, 2015
Ohio Utility Seeks Nonbypassable Uncollectibles Rider, Proposes Other Nonbypassable Rider For Legacy Fuel, Green Options Costs
In a newly filed rate case, Dayton Power & Light has sought approval for implementation of a new, nonbypassable uncollectibles rider, which would recover "all" uncollectibles at the utility
November 23, 2015
Proposed Order Would Cut Adder Applied to Default Service Rate By 30%, Eliminate Certain Categories
A proposed order from a Maryland Public Utility Law Judge would eliminate certain adders to the residential SOS electric rate at Baltimore Gas & Electric, while making adjustments to the level of retained adders.
November 20, 2015
PUC Approves Higher Discount Rates for PPL Purchase of Receivables
The Pennsylvania PUC approved without modification a rate case settlement at PPL Electric Utilities which, among other things, addresses the design of the purchase of receivables program and discount rates
November 17, 2015
PUC Staff Makes Recommendations For New POR Program, Discount Rate
Staff of the Public Utility Commission of Ohio have filed consensus recommendations regarding a new purchase of receivables program to be implemented at AEP Ohio
November 16, 2015
Delaware Staff: State Should Run Opt-in Electric Affinity Program, Select Supplier; POR Should Be Implemented
The joint staffs of the Delaware PSC and Delaware Public Advocate recommended in a Staff report that the state's Electricity Affordability Committee should move forward with an opt-in affinity electricity savings program, and that purchase of receivables should also be implemented
November 9, 2015
Consumer Advocate Presses For Limit on Receivables Purchased From Retail Suppliers Charging Variable Rates
In comments in an Illinois rulemaking concerning retail supplier sales and marketing (click here for background) , the Citizens Utility Board proposed that the ICC open a proceeding to limit the receivables purchased from suppliers under the POR programs
November 6, 2015
New POR Program To Begin December 1, Utility Confirms Discount Rates
Fitchburg Gas and Electric Light Company d/b/a Unitil will begin its electric purchase of receivables program on December 1, 2015
November 4, 2015
Pennsylvania Utilities Seeking To Add "Clawback" To Purchase of Receivables, Cite "Predatory Pricing" Practices By Suppliers
Met-Ed, Penelec, Penn Power and West Penn Power have proposed adding a "clawback" to their purchase of receivables program in seeking approval of a default service procurement plan for the two-year period beginning June 1, 2017, citing "predatory pricing" practices by certain retail suppliers which…
October 30, 2015
Delmarva, Suppliers See No Barrier To Purchase of Receivables Implementation in Delaware, Proposal To Be Filed
Delmarva Power and retail suppliers agreed during a workshop yesterday that there are no barriers to implementing purchase of receivables in Delaware, though consumer advocates expressed reservations
October 21, 2015
State Approves Implementation Plan for Purchase of Receivables At New Utility, With 5% Discount
The Massachusetts DPU has approved the implementation plan for purchase of receivables at Fitchburg Gas and Electric Light Company d/b/a Unitil