HomeNews By TopicPurchase of Receivables (POR)
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January 11, 2011
West Penn Power (Allegheny) has filed a revised supplier coordination tariff to, among other things, replace the previously proposed flat monthly fee for utility consolidated billing with a Purchase of Receivables discount rate of 0.16% (R-2010-2207938).
December 31, 2010
Direct Energy Intends to Serve Residential Customers at Peoples Natural Gas Direct Energy, "has made a firm commitment to file an application for a [natural gas supplier] license in the Peoples [Natural Gas Company] service territory [in Pennsylvania]," and, "intends to service residential and small…
December 29, 2010
IGS Energy Offering Service at Columbia Gas of Virginia Interstate Gas Supply, as Columbia Retail Energy, has begun offering service to customers at Columbia Gas of Virginia. IGS Energy's Virginia application was first reported in Matters ( 8/20 , 9/23 ). Through a direct mail offer, IGS Energy is…
December 24, 2010
West Penn Power Extends Date for POR, Coordination Tariff West Penn Power (Allegheny) has extended the effective date of its proposed new Electric Generation Supplier Coordination Tariff, which includes a new Purchase of Receivables program, from January 1, 2011 to January 31, 2011 (R-2010-2207938…
December 24, 2010
Maryland PSC Staff were unable to file a schedule for briefing outstanding issues related to Columbia Gas' Purchase of Receivables program, citing a lack of data from the company.
December 22, 2010
Duquesne Light has filed an update to its Purchase of Receivables rate, as provided in its POLR V plan, and also updated its supply charges.
December 22, 2010
ComEd has filed with the Illinois Commerce Commission tariff sheets to implement the ICC's recent POR order, as first reported in Matters ( 12/16 & 12/17 ).
December 22, 2010
Washington Gas Light has filed with the Maryland PSC updated Purchase of Receivables discount rates for its pending POR compliance plan.
December 21, 2010
An initial decision from two Pennsylvania ALJs would accept without modification a non-unanimous stipulation which would approve the merger of FirstEnergy Corp. and Allegheny Energy (A-2010-2176520 et. al.).
December 17, 2010
FERC Approves FirstEnergy-Allegheny Merger In an unsurprising decision given its merger review history, FERC approved the merger of FirstEnergy Corp. and Allegheny Energy without any conditions relating to mitigation of market power. In doing so, FERC rejected protests from the Pennsylvania Office…
December 17, 2010
As first reported in Matters' live blog yesterday, the Pennsylvania PUC has adopted two exceptions to the all-in/all-out requirement for residential customers in PPL Electric's Purchase of Receivables program (R-2010-2161694).
December 17, 2010
A written order on Commonwealth Edison's purchase of receivables program holds that uncollectible costs shall be determined by Rider UF.
December 16, 2010
As first reported in our live blog yesterday, the Maryland PSC has suspended Baltimore Gas & Electric's electric purchase of receivables tariff revisions relating to sales tax, and directed the supplier coordination working group to address the issues ( 12/14 ).
December 16, 2010
As first reported in our live blog yesterday, the Illinois Commerce Commission has approved tariffs to institute utility consolidated billing and Purchase of Receivables at Commonwealth Edison.
December 15, 2010
A recommended decision in Niagara Mohawk's rate case needs to reconcile disparate treatment of true-ups for the Merchant Function Charge (MFC) paid by full service customers and the POR discount rate, New York PSC Staff said in a brief on exceptions (10-E-0050). Staff did not opine on its preference…
December 14, 2010
ICC to Consider ComEd POR Case Wednesday The Illinois Commerce Commission will further consider Commonwealth Edison's Purchase of Receivables tariff filing (Docket 10-0138) at its December 15 Bench Session. EnergyChoiceMatters.com will provide live blogging of the meeting . The filed tariff's…
December 14, 2010
Maryland PSC Staff have recommended deferring action on Baltimore Gas & Electric's revised electric Purchase of Receivables tariff, addressing tax issues, so that a working group may address several Staff concerns. Staff is concerned that the filed tariff could allow BGE to earn an unintended profit…
December 13, 2010
Allegheny Power has filed an annual tariff update containing a lower residential Purchase of Receivables discount rate in Maryland, but which also includes higher rates for commercial customers.
December 3, 2010
Illinois Commerce Commission Acting Chairman Manuel Flores pressed intervenors yesterday during oral arguments regarding Commonwealth Edison's Purchase of Receivables tariff regarding what form of cost recovery would lead to more robust residential choice.
December 3, 2010
In a non-binding poll, Pennsylvania PUC Commissioners unanimously endorsed an ALJ's recommendation regarding the treatment of uncollectibles under PPL Electric's Purchase of Receivables program, including rejecting the Retail Energy Supply Association's proposal ( 9/7 ) to institute a nonbypassable…
December 2, 2010
Md. PSC to Further Examine Columbia RM 35 Costs, Implementation The Maryland PSC directed Columbia Gas to present additional details regarding various costs of implementing several provisions of RM 35, including purchase of receivables and a 12-day enrollment timeline, after Columbia reported that…
December 1, 2010
West Penn Power's proposed consolidated billing charge of $6 per bill per month, which is part of its proposed Purchase of Receivables program, "will result in an excessive and unworkable effective discount rate," the Retail Energy Supply Association said in a motion to intervene filed with the…
November 30, 2010
Citizens Choice Energy Formally Announces N.Y. Service Citizens Choice Energy, LLC formally announced its launching of New York service yesterday. Citizens Choice Energy has been offering service in New York for several months, initially offering gas service at Consolidated Edison. A standard form…
November 18, 2010
Two New York ALJs have recommended that the New York PSC deny Niagara Mohawk's proposal to use a true-up mechanism for commodity-related uncollectibles and to true up the Purchase of Receivables discount rate to reflect the actual uncollectible experience, in a recommended decision in NiMo's…
November 15, 2010
Commonwealth Edison's most recent calculation of a combined uncollectibles factor to be used in the Purchase of Receivables discount rate for all customer classes appears to have been calculated, "in a manner that is not consistent with the calculation used by Ameren Illinois in Docket Nos.…
