HomeNews By TopicPurchase of Receivables (POR)
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September 3, 2013
The New Hampshire PUC has formally opened, and assigned Docket IR 13-244 to, an investigation into payment hierarchy between competitive energy suppliers and electric and natural gas distribution utilities.
August 20, 2013
The New Hampshire PUC has opened a formal proceeding (IR 13-233) to adjudicate a complaint against Public Service Company of New Hampshire lodged by PNE Energy Supply, LLC, in which PNE alleges, among other things, that PSNH is inappropriately applying a switching fee to both the losing and gaining…
August 2, 2013
The Illinois Commerce Commission has denied a purchase of receivables program at Nicor Gas.
July 31, 2013
The M&A Team of AEG Affiliated Energy Group announced today that it has been retained by a "mid-sized" retail electricity and natural gas provider (Energy Service Company or ESCO) seeking a well-capitalized purchaser of its business and certain related assets or counterparty to a strategic business…
July 15, 2013
A trade association has asked the Maryland PSC to terminate the ability of retail energy suppliers to use utility consolidated billing for non-commodity services.
July 10, 2013
The Public Utilities Commission of Ohio will initiate several smaller working groups to address aspects of the short-term retail electric market workplan to be developed by Staff.
July 9, 2013
A proposed order from an Illinois ALJ would deny an application from Northern Illinois Gas Company d/b/a Nicor Gas Company to institute a purchase of receivables program.
June 20, 2013
Fitchburg Gas and Electric (Unitil) reported to the Massachusetts DPU that it has reached an agreement with retail suppliers regarding implementation of purchase of receivables prior to implementation of a new Customer Information System.
June 14, 2013
The Pennsylvania PUC has expanded the universe of customers eligible to take service under PECO's Standard Offer customer referral program, under which retail suppliers enrolling in the program offer customers, referred from PECO, a 7% discount off the Price to Compare applicable at the time of…
June 14, 2013
The New Hampshire PUC has approved a request to close an investigation of purchase of receivables, without prejudice, and has also agreed to open a new proceeding regarding payment hierarchy.
June 12, 2013
The failure of Connecticut to pass a retail auction of Standard Service customers during this year's legislative session is a sobering reminder of the Herculean challenges facing an expansion of retail choice, and like the Pennsylvania experience, will negatively impact efforts in other states to…
May 30, 2013
The New Jersey BPU yesterday adopted changes to the purchase of receivables programs in place at the electric and natural gas utilities.
May 16, 2013
The Maryland PSC has established new purchases of receivables discount rates for several electric and natural gas utilities, with the new discounts starting June 1.
May 13, 2013
Maryland PSC Staff have recommended a residential electric Purchase of Receivables discount rate that is lower than the rate sought by Baltimore Gas & Electric.
May 13, 2013
The Retail Energy Supply Association has filed to close, without prejudice, a generic investigation regarding whether purchase of receivables, customer referral, and electronic interface programs should be implemented in New Hampshire.
May 3, 2013
Consistent with a prior directive, the Massachusetts electric distribution companies have filed with the DPU updated purchase of receivables compliance plans, including new discount rates.
April 15, 2013
Retail suppliers believe that a settlement concerning several retail market issues at Philadelphia Gas Works is "imminent," according to pre-hearing memos filed by the suppliers.
April 12, 2013
Maryland PSC Staff have recommended a large increase in the Baltimore Gas & Electric purchase of receivables discount rate for residential natural gas customers.
April 3, 2013
The Massachusetts Department of Public Utilities has issued a procedural schedule for further consideration of the electric utilities' pending purchase of receivables compliance filings, which have been pending at the DPU for two years.
March 29, 2013
PPL Electric has filed with the Pennsylvania PUC a proposed mechanism to establish the purchase of receivables discount rate to reflect the unique uncollectibles experience of retail supply customers.
March 28, 2013
A settlement among Equitable Gas Company, the Office of Consumer Advocate, and the Office of Small Business Advocate would adopt a new, bypassable gas procurement charge at Equitable, and also modify the Merchant Function Charges and therefore purchase of receivables discount rates.
March 27, 2013
The Pennsylvania PUC may launch an investigation into the retail natural gas market, PUC Vice Chair John Coleman said during the annual DNV KEMA retail energy executive forum.
March 22, 2013
Rules adopted by the New Hampshire Public Utility Commission currently prohibit the purchase of electric supplier receivables in the manner sought by retail suppliers, Public Service Company of New Hampshire said in recently filed testimony.
March 18, 2013
A settlement in Columbia Gas of Pennsylvania's rate case would end the current "freeze" periods for choice enrollments, adopt a new bypassable gas procurement charge, and establish new POR discount rates.
March 18, 2013
Delmarva Power & Light has filed with the Maryland PSC proposed new purchase of receivables discount rates for the period beginning June 1, 2013. The proposed new discount rates are: Residential: 0% Type I: 0% Type II: 0.1987% Hourly: 0%
