HomeNews By TopicPurchase of Receivables (POR)
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December 31, 2014
Pepco notified the District of Columbia PSC that it will file for Commission approval of an updated purchase of receivables discount rate, including a proxy rate for late payment revenues, in February 2015.
December 23, 2014
The "erratic" behavior of FirstEnergy regarding the competitive market makes the health of the current retail market at the FirstEnergy Ohio utilities precarious, and the Public Utilities Commission of Ohio should not rely on current migration levels as indicative of a sustainable market, IGS Energy…
December 19, 2014
The Pennsylvania PUC has issued a final order establishing the scope of its review of improvement to the retail natural gas market, and has accelerated its consideration of standard offer customer referral programs for natural gas.
December 10, 2014
The Small Customer Marketer Coalition has asked the New York PSC to resolve the "continuing inability" of KeySpan New York and KeySpan Long Island (collectively referred to as National Grid) to provide, "adequate, consistent and accurate billing services in connection with National Grid's ESCO…
October 28, 2014
With the long-awaited implementation of purchase of receivables and large spikes in default service rates driving new interest among retail suppliers in serving the Massachusetts mass market, consumer representatives are calling for the DPU to enhance customer protections.
October 23, 2014
The Maryland PSC approved new purchase of receivables discount rates at Washington Gas Light, effective November 27, 2014
October 22, 2014
Liberty Power recently expanded its residential electric service to Massachusetts.
September 29, 2014
A proposal from Duke Energy Ohio in its electric security plan application has been called "discriminatory" by retail suppliers, who argue that it would favor the utility's affiliate offering unregulated services.
September 16, 2014
A partial settlement in Duquesne Light's default service proceeding for the period beginning June 1, 2015 would maintain the use of six-month fixed pricing for residential default service.
August 26, 2014
Maryland should consider implementing pro-rata utility consolidated billing, instead of purchase of receivables, to address the variable rate pricing issues which were revealed during this year's polar vortex, the Maryland Office of People's Counsel said in comments on a working group report.
August 22, 2014
The Pennsylvania PUC yesterday issued a tentative order proposing to open the next phase of its investigation into whether the retail natural gas market is workably competitive, proposing to direct the Office of Competitive Market Oversight (OCMO) to study specific issues, and the tentative order is…
August 18, 2014
Commonwealth Edison has filed at the Illinois Commerce Commission to lower the flat per-bill charge applicable to retail suppliers under purchase of receivables.
August 15, 2014
Washington Gas Light has filed with the Maryland PSC updated purchase of receivables discount rates, which would set the residential POR discount rate to 0%.
August 14, 2014
Nstar has filed with the Massachusetts DPU initial discount rates for its purchase of receivables program, to be effective September 28
August 1, 2014
The New Hampshire PUC directed Public Service Company of New Hampshire to refund to retail electric suppliers the difference between temporary charges for certain services provided by the utility, and new charges adopted by the PUC yesterday.
July 24, 2014
AEP Ohio's sought Power Purchase Agreement Rider amounts to "reregulating" the company's generation, reversing the course of prior PUCO orders, Public Utility Commission of Ohio Staff said in a post-hearing brief in AEP Ohio's electric security plan proceeding.
July 15, 2014
Nstar has confirmed in a Massachusetts DPU filing that it will implement Purchase of Receivables on September 28, 2014.
July 1, 2014
A Maryland working group charged with exploring the expansion of budget billing to competitive supply and permanently accelerating the switching timeline also addressed more holistically issues which caused unexpectedly high bills for certain electric customers this winter, prompting the workgroup…
May 30, 2014
Duke Energy Ohio has filed for approval of an electric security plan governing the procurement and pricing of default service for the period June 1, 2015 to May 31, 2018
May 27, 2014
The Pennsylvania PUC has approved the assignment of new costs to the electric purchase of receivables discount rate at PECO.
May 21, 2014
Staff of the Public Utilities Commission of Ohio have recommended "significant" changes to AEP Ohio's proposed purchase of receivables program, in testimony filed in AEP Ohio's electric security plan proceeding.
May 9, 2014
The Maryland PSC Staff has petitioned the PSC to open an investigation into the causes of negative discount rates for the purchase of electric and natural gas supplier receivables
May 8, 2014
The Maryland PSC has approved new electric and natural gas purchase of receivables discount rates, effective June 1, 2014.
April 30, 2014
The District of Columbia PSC has ordered that Pepco shall begin including revenues from late payment charges as an offset to the purchase of receivables discount rate by January 1, 2015.
April 29, 2014
Duquesne Light may increase its purchase of receivables discount rate under its proposed default service plan for the period June 1, 2015 through May 31, 2017.
