HomeNews By TopicPurchase of Receivables (POR)
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March 1, 2011
The majority of parties to a proceeding concerning customer migration at Public Service of New Hampshire argued that a nonbypassable surcharge to recover certain costs related to default service is not permissible, while the Office of Consumer Advocate suggested that Purchase of Receivables could be…
February 28, 2011
Connecticut Light & Power on Friday filed an updated Purchase of Receivables discount rate of 0.90%. CL&P will use the new factor effective with the purchase of supplier receivables for April 2011. The updated factor reflects the average uncollectibles factor from the past two years, 1.16% in 2009…
February 25, 2011
The Illinois Commerce Commission has clarified its amendatory order on Commonwealth Edison's Purchase of Receivables program, confirming that administrative costs will not be recovered twice, and affirming that a single discount rate shall be applied to all customer classes (Docket 10-0138).
February 24, 2011
More than one month after voting on the final rules, the Pennsylvania PUC has served on parties a final written order concerning the competitive retail gas market, addressing issues such as the Price to Compare, Purchase of Receivables, and capacity release (Docket L-2008-2069114).
February 21, 2011
BlueStar Energy Services has filed a complaint for expedited declaratory relief at the Illinois Commerce Commission, seeking a declaration that Commonwealth Edison's recently filed Purchase of Receivables tariff, "does not conflict with, and is not intended to, override an existing administrative…
February 17, 2011
Exelon's ExTex Retail Services Receives Option 1 Texas REP Certificate The PUCT granted ExTex Retail Services Company, LLC an Option 1 REP certificate. ExTex Retail Services, a unit of Exelon, was previously certificated an Option 2 REP. ExTex Retail Services' application for an Option 1 certificate…
February 17, 2011
Consistent with an earlier default service plan settlement, Penn Power submitted a revised supplier coordination tariff at the Pennsylvania PUC to implement a non-recourse Purchase of Receivables program (P-2010-2157862).
February 16, 2011
Illinois Commerce Commission Staff have filed an emergency motion for clarification of the Commission's February 9 Amendatory Order regarding Commonwealth Edison's Purchase of Receivables program, asking that the current discount rate continue to apply until the ICC clarifies several conflicting…
February 15, 2011
BlueStar Energy Services has filed a complaint against Commonwealth Edison and Ameren at the Illinois Commerce Commission seeking an order finding that the utilities have violated 220 ILCS 5/16-118(e) by failing to file a tariff to implement Purchase of Uncollectibles as required by statute (Docket…
February 11, 2011
The Illinois Commerce Commission has issued an amendatory order on Commonwealth Edison's Purchase of Receivables program, which establishes a new discount rate, but also appears to result in the double collection of administrative costs, and creates additional confusion on the uncollectibles factor…
February 9, 2011
Illinois' Office of Retail Market Development has asked electric suppliers to informally comment on the reasons for the lack of residential competition at Ameren.
February 8, 2011
Duke Energy Ohio has agreed, as part of its market rate offer (MRO) application, to institute an electric Purchase of Receivables program, should the MRO application be approved (10-2586-EL-SSO).
February 4, 2011
The joint New York utilities have opposed a rehearing request filed by the Small Customer Marketer Coalition related to the New York PSC's recent order that ESCOs may only offer prepaid service when the ESCO is the billing party (98-M-1343).
February 3, 2011
Direct Energy said yesterday that it is looking to expand its residential business "rapidly" in 2011, as it consolidated its U.S. Northeast residential operations in Pittsburgh.
January 28, 2011
Pa. PUC Approves West Penn Power POR, Supplier Tariff The Pennsylvania PUC approved West Penn Power's (Allegheny) updated supplier coordination tariff, which includes a new POR program. Specific details of the POR program and other revisions under the approved supplier tariff may be found in our…
January 25, 2011
The New York PSC will allow Niagara Mohawk, for electric service, to recalculate on a monthly basis the commodity cost component of the merchant function charge and the Purchase Of Receivables discount, using monthly commodity-related uncollectible pricing data (10-E-0050).
January 25, 2011
Spark Energy has started offering residential electric service at Commonwealth Edison.
January 21, 2011
N.Y. PSC Approves Monthly Balancing at KEDLI The New York PSC approved KeySpan Energy Delivery Long Island's tariff (06-G-1186) to implement an Interim Monthly Balancing Transportation Program for its non-firm transportation customers receiving service under Service Classification No. 7…
January 20, 2011
Purchase of Receivables at Washington Gas Light in Maryland will be delayed until March 1, 2011 at the earliest, after the Maryland PSC took WGL's compliance filing under advisement.
January 18, 2011
Columbia Gas of Pennsylvania has filed to lower its uncollectible percentage, used in both the Purchase of Receivables discount rate and the bypassable Price to Compare, as part of its newly filed rate case (R-2010-2215623).
January 17, 2011
Clean Currents has submitted a request to the District of Columbia PSC asking that the PSC implement a Purchase of Receivables program for Pepco.
January 17, 2011
The New Jersey BPU has formed a working group to address Purchase of Receivables and the Price to Compare, for both electricity and natural gas.
January 14, 2011
As first reported by Matters yesterday in our live blog , the Pennsylvania PUC adopted final regulations relating to the natural gas market which, among other things, will include all supply-related procurement costs incurred by the local distribution companies in the Price to Compare…
January 13, 2011
Met-Ed and Penelec have filed revised supplier coordination tariffs with the Pennsylvania PUC which modify several provisions regarding billing and access to customer information (P-2009-2093053 et. al.). The revisions reflect an agreement reached with the Retail Energy Supply Association, which has…
January 13, 2011
Direct Energy has entered the Maryland residential gas market with a 12-month fixed offer to customers at Baltimore Gas & Electric.
