HomeNews By TopicPurchase of Receivables (POR)
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January 27, 2014
The Pennsylvania PUC has issued a written order concerning its approval of a plan to allow Customer Assistance Program (CAP) customers to shop for a competitive electric supplier at PECO, in which the PUC adjudicates, among other things, a sought annual reconciliation of default service rates, and…
January 24, 2014
Fitchburg Gas and Electric Light Company, d/b/a Unitil has filed with the Massachusetts DPU certain components of its proposed POR discount rate.
January 17, 2014
Staff of the Public Utilities Commission of Ohio have filed a retail electric market development workplan which, as expected, does not include any major changes to the state's market design, but does recommend requiring utilities to offer purchase of receivables.
January 15, 2014
Recovering the costs of a tool allowing retail electric suppliers, with customer authorization, to look-up an account number remotely, in order to facilitate shopping decisions outside of the home, should not be done through an "anti-competitive" discount to the purchase of receivables discount rate…
January 13, 2014
A bill which would replace New Jersey's current 36-month laddered default service portfolio with short-term contracts was reported out of the New Jersey Assembly's Telecommunications and Utilities Committee last week.
January 13, 2014
In a recent rate case, the Illinois Commerce Commission approved the expansion of natural gas choice to small volume customers at Ameren Illinois.
January 3, 2014
PECO has filed a compliance plan to implement a program allowing retail electric suppliers, with customer authorization, to remotely access customer account numbers to facilitate enrollment in environments in which the customer may not have their bill.
December 26, 2013
PECO has filed a compliance plan to implement seamless move and switch-at-connect functionality, and in such plan included a proposal to recover costs of the programs.
December 23, 2013
AEP Ohio has sought approval to offer a purchase of receivables program, as part of its electric security plan proposal for the period 2015-2018
December 16, 2013
National Grid and retail suppliers have reached a consensus start date for implementing purchase of receivables in National Grid's Massachusetts electric service territories.
December 11, 2013
Nstar and Western Massachusetts Electric Co. have filed with the Massachusetts DPU revised purchase of receivables compliance plans which, with the exception of the commencement date at Nstar, are represented to reflect consensus among the utility and retail suppliers.
December 9, 2013
The Michigan bill (House Bill 5184) to expand electric choice to all customers also includes provisions requiring purchase of receivables, permitting opt-out municipal aggregation, and requiring utilities to no longer own generation.
November 26, 2013
The New Jersey BPU has provided an incentive for electric and gas utilities to keep customers in arrears on utility consolidated billing, and therefore in the POR program, instead of dropping customers to dual billing, as is standard practice.
November 15, 2013
The Pennsylvania PUC adopted a non-unanimous settlement which authorizes the merger of Peoples Natural Gas and Equitable Gas, and related transactions, and contains various measures to improve the retail market.
November 14, 2013
The Maine PUC has issued an order to end the use of multi-year, laddered default service supply procurements for residential customers.
October 23, 2013
After an October 8 technical conference failed to reach a consensus, the Massachusetts DPU has set forth a schedule for additional briefing of remaining outstanding issues regarding the implementation of electric purchase of receivables.
October 16, 2013
Retail electric suppliers have offered proposals to expeditiously improve the payment hierarchy for utility consolidated billing at the New Hampshire utilities.
October 11, 2013
Orange & Rockland has filed new purchase of receivables discount rates for electric and gas service, effective November 1.
September 27, 2013
A non-unanimous settlement which would authorize the merger of Peoples Natural Gas and Equitable Gas, and related transactions, would require Peoples to release capacity to retail suppliers serving priority one (P-1) customers, and also includes additional measures to improve the retail market.
September 26, 2013
Fitchburg Gas and Electric Light Company, d/b/a Unitil, has updated the Massachusetts DPU on the status of purchase of receivables implementation, including a more detailed description of the mechanics to implement POR prior to a new CIS.
September 23, 2013
Pepco has filed with the District of Columbia PSC discount rates for Pepco's new purchase of receivables program, which Pepco is scheduled to implement on October 7, 2013.
September 13, 2013
Pennsylvania has launched its third investigation in the last 10 years to jumpstart the chronically "dismal" retail natural gas market, but the PUC's track record with its prior investigations, as well as its recently concluded retail electric market investigation, should counsel any retail…
September 10, 2013
AEP, Dominion Retail File Settlement Over SECA Charges
September 9, 2013
Ameren has filed tariff revisions to modify its electric purchase of receivables discount rate due to an error in the prior calculation.
September 6, 2013
An unopposed settlement would implement a purchase of receivables program at Philadelphia Gas Works -- with an initial discount rate of nearly 7% for residential customers.
