HomeNews By TopicPurchase of Receivables (POR)
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May 4, 2011
The Maryland PSC this morning deferred consideration of Columbia Gas' COMAR 20.59 cost recovery filing, in which Columbia has recommended ending its gas choice program in Maryland, until the July 6 administrative meeting.
May 3, 2011
Consolidated Edison and ESCOs were not able to reach complete consensus on modifications to ConEd's rate ready billing system to permit ESCOs to use rate ready billing for dynamic and demand-based rates (09-E-0428).
May 2, 2011
Baltimore Gas & Electric has filed with the Maryland PSC updated Purchase of Receivables discount rates for both electric and gas service, to take effect July 1.
April 29, 2011
Viridian Energy is planning to launch electric service to residential customers at Commonwealth Edison in August, the supplier told Matters.
April 28, 2011
The Maryland PSC has established updated Purchase of Receivables discount rates for Allegheny Power.
April 27, 2011
District of Columbia PSC Chairman Betty Ann Kane "can't say yet" how the Commission will address requests to implement Purchase of Receivables.
April 26, 2011
Changing the treatment of uncollectibles at Columbia Gas of Maryland from a Purchase of Receivables program to the proration of partial payments appears to be the best option for addressing choice implementation costs at Columbia, the Office of People's Counsel said in comments.
April 25, 2011
Maryland PSC Staff have recommended lower discount rates for Allegheny Power's Purchase of Receivables program to account for late fee revenues from non-residential customers, and to adjust programming expenses.
April 22, 2011
Termination of Columbia Gas of Maryland's choice program may be short sighted, Maryland PSC Staff said in comments on Columbia's recommendation to end the choice program.
April 19, 2011
Allegheny Power has filed updated Purchase of Receivables discount rates in Maryland, to be effective for 12 months, effective June 1, 2011.
April 18, 2011
An Illinois Commerce Commission ALJ has continued until June a hearing regarding Commonwealth Edison's Purchase of Receivables discount rate, which is being considered by the ICC on rehearing (10-0138).
April 15, 2011
The Illinois Commerce Commission ordered Ameren Illinois to revise the rescission period language in its tariff, such that it is consistent with the three-day rescission period applicable to internet enrollments, as the Commission found in favor of BlueStar Energy Services in a complaint brought by…
April 13, 2011
A settlement in Peoples Natural Gas' rate case would approve, generally as proposed, Peoples' Purchase of Receivables program (R-2010-2201702).
April 5, 2011
The threshold for mandatory hourly pricing for default service at Orange & Rockland Utilities would decrease from 500 kW to 300 kW under a stipulation incorporated into a recommended decision in O&R's New York rate case (10-E-0362).
April 4, 2011
Ameren Illinois has filed a tariff with the Illinois Commerce Commission to institute Purchase of Uncollectibles pursuant to Section 220 ILCS 5/16-118(e) of the Illinois Public Utilities Act.
April 1, 2011
Apollo Power & Light Acquires Nations Power Customers
March 30, 2011
Columbia Gas of Maryland has recommended ending the current Choice Program and only allowing transportation service for eligible non-residential customers, due to the prohibitive costs of implementing various provisions of COMAR 20.59 and the fact that Choice customers have paid more than default…
March 28, 2011
The Illinois Commerce Commission has scheduled a status conference for April 13 regarding Commonwealth Edison's Purchase of Receivables program after granting petitions for rehearing filed by the Retail Energy Supply Association and Illinois Competitive Energy Association (Docket 10-0138).
March 11, 2011
Given the deferral of action by the Maryland PSC on Washington Gas Light's Purchase of Receivables compliance tariff, as well as other scheduling conflicts, WGL has proposed that it implement POR effective with the June 2011 billing cycle.
March 10, 2011
ICEA Seeks Rehearing on ComEd Combined POR Uncollectibles Rate
March 9, 2011
The introduction of Purchase of Receivables by Pepco in Maryland, "represents an excellent opportunity for Pepco to leverage POR system implementation costs as well as experience," in extending the POR program to the District of Columbia, the National Energy Marketers Association said in comments to…
March 7, 2011
An Illinois ALJ would direct Ameren to revise its electric tariff with respect to the rescission period to apply a three day rescission period for internet enrollments of mass market customers, rather than the 10-day period provided for in the tariff, under a proposed order issued Friday (Docket…
March 4, 2011
Johnson Controls to Acquire EnergyConnect
March 4, 2011
Rochester Gas & Electric reported that, for the first eight months of 2010, actual uncollectible write-offs for gas customers participating in its Purchase of Receivables program exceeded the discount rate applied to purchased receivables.
March 4, 2011
Using anything short of a five-year amortization period for Washington Gas Light's purchase of receivables program costs would create an, "unnecessarily high risk that suppliers active in residential markets would either not enter the residential market or forego using the utility’s billing services…
