April 15, 2025
Utility Files 10% Purchase of Receivables Discount Rate
Washington Gas Light in the District of Columbia has filed updates to its purchase of receivables discount rates
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Purchase of Receivables (POR)
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April 11, 2025
Start Date Confirmed For Co-op's New Purchase Of Receivables Program, Discounts Posted
The New Hampshire PUC approved a revised tariff from the New Hampshire Electric Cooperative implementing NHEC's new purchase of receivables (POR) program, with a tariff effective date of June 1, 2025
April 2, 2025
Utilities File Discount Rates For New Purchase Of Receivables (POR) Programs; Start Date Update
Several New Hampshire electric utilities have filed their initial purchase of receivables (POR) discount rates for their new POR programs which are being implemented
March 24, 2025
Utility Files Tariff Language That Would Allow Switch Confirmation Letters To Be Sent Via Email
Utility Files To Lower Merchant Function Charge
A tariff change under a newly filed rate case from Columbia Gas in Pennsylvania would provide that switch confirmation letters could be sent to customers via email
March 19, 2025
Nstar Files To Increase Residential, C&I POR Discounts
Nstar (Eversource) has filed with the Massachusetts DPU proposed new standard complete billing percentages (SCBPs), or purchase of receivables (POR) discount rates, proposed to be effective May 1, 2025
March 18, 2025
PUC Sets Target Start Date For New Purchase of Receivables (POR) Program, As Utility Notes Conditions For Accelerated Implementation; PUC Approves Tariff
The New Hampshire PUC has approved a revised tariff and Electric Supplier Trading Partner Agreement at Unitil to implement a new purchase of receivables (POR) program
March 17, 2025
PSC's Latest Direction For POR Discount Calculation Results In 11% Discount
Pepco in the District of Columbia has filed its latest revision to the residential purchase of receivables (POR) discount rate, using the latest methodology directed by the D.C. PSC
March 14, 2025
National Grid Files Decrease To Residential Purchase Of Receivables Discount Rate, Industrial Discount Spikes To 1%
National Grid has filed with the Massachusetts DPU proposed new standard complete billing percentages (SCBPs), or purchase of receivables (POR) discount rates, proposed to be effective May 1, 2025
March 11, 2025
PUC Approves Tariff For New Purchase Of Receivables (POR) Program, Addresses Start Date
The New Hampshire PUC approved without modification an updated tariff and associated master supplier agreement from Public Service of New Hampshire (Eversource) to implement a new purchase of receivables (POR) program
March 7, 2025
Eversource Provides Update On Date For New POR Program Implementation, Hearing Examiner Advances Proceeding
Public Service of New Hampshire (Eversource) has provided an update on its planned date for implementing a new purchase of receivables program in New Hampshire
March 7, 2025
No Party Files Any New "Comprehensive Proposals" Allowing UCB To Continue Without POR In Maryland
Neither the Maryland utilities nor retail suppliers filed any new "comprehensive proposals" that were to detail how retail energy suppliers could serve new or renewed residential customers under utility consolidated billing in Maryland without purchase of receivables (POR)
March 6, 2025
PSC To Seek Comments On Future Of POR Program As Commission Concedes "No Simple Way" To Mitigate High Residential POR Discount Without Risk To SOS Customers
New POR Discount Could Be In 10% Range, Or Higher
The District of Columbia PSC has again instructed Pepco to re-calculate an update to the residential POR discount rate (originally envisioned to take effect in July 2024), as the PSC concluded, "there is no simple way to mitigate a high POR Discount Rate without impacting non-POR ratepayers."
March 4, 2025
Utility Files Proposed Start Dates For New Purchase Of Receivables Program
Granite State Electric (Liberty Utilities in NH) has filed two proposed schedules for the implementation of a new purchase of receivables (POR) program
February 21, 2025
PUC Approves Tariffs For New Purchase Of Receivables Program, Addresses Start Date
Adopting without modification a hearing examiner's report, the New Hampshire PUC approved agreed changes to Granite State Electric's (Liberty Utilities) tariff and supplier agreement to implement a purchase of receivable program
February 19, 2025
Proposed New POR Program Advances, Examiner Addresses Start Date
A New Hampshire PUC hearing examiner has recommended PUC approval of agreed changes to Granite State Electric's (Liberty Utilities) tariff and supplier agreement to implement a purchase of receivable program
February 6, 2025
PSC Directs Suppliers, Utilities To Negotiate On Allowing Residential UCB, Without POR, To Resume
In response to a request for reconsideration of a recent Maryland PSC decision which prohibits utility consolidated billing for any new or renewed residential customer, the Maryland PSC issued further specific direction to retail suppliers and utilities to negotiate on a form of UCB without POR for…
January 28, 2025
Utility Files To Increase POR Discount Rates
As part of a rate case, UGI Utilities - Gas Division in Pennsylvania has filed to increase its purchase of receivables discount rates, due to a proposed change in the merchant function charge
January 27, 2025
Given New Dual Billing Mandate, Retail Suppliers Propose Compliance Mechanism To Allow UCB, Without POR, To Continue
The Retail Energy Supply Association (RESA) and CleanChoice Energy Inc. (the supplier coalition) have proposed at the Maryland PSC a mechanism under which utility consolidated billing could continue for new and renewed customers, while also ensuring that receivables for such customers are not…
January 13, 2025
PUC Staff: Average Disconnected Shopping Customer Charged Double Default Service Rate
A discount rate needs to be added to the purchase of receivables program at…
January 10, 2025
Utility Seeks Delayed Start Date For New Purchase Of Receivables (POR) Program
An EDC is seeking a new date for the implementation of a new purchase of receivables (POR) program
December 30, 2024
PSC Orders That All Enrollments Must Be Under Dual Billing, UCB Not Permitted
PSC Directs That Utilities Not Required To Offer "Any" Utility Consolidated Billing
A PSC today ordered that all residential retail electric and gas enrollments effective January 1, 2025 and thereafter, and any renewals as defined below, must be billed under dual billing
December 24, 2024
Agreed Tariff Maintains Provision Dropping Customers To Default Service If Retail Supplier Does Not Sign New Agreement For POR
Eliminates Language Which Had Suggested Supplier-Specific POR Discount Rates
An updated proposed tariff and supplier agreement to implement purchase of receivables at…
December 23, 2024
New York PSC Approves Lower Residential POR Discount, Updates To Bill Issuance Charge, Merchant Function Charge
The New York PSC approved updates to the purchase of receivables discount, merchant function charge, and Bill Issuance and Process Payment Charge (BIPP) at…
December 18, 2024
Major Choice Utility Addresses PUC Staff Recommendation To Add Discount To Long-standing Zero Discount POR Program & Staff's Musing On Ending POR
A utility has offered alternatives meant to address concerns from Staff of a PUC
December 18, 2024
Utility Withdraws Proposed New Credit Requirements For Retail Suppliers
As part of an updated tariff…