August 12, 2024
Utilities Float Withholding Amounts Due To All Retail Suppliers Under UCB To Pay For SCB (Change From Current SCB-Only Fee)
In separate comments, several utilities and an Office of People's Counsel have raised…
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Purchase of Receivables (POR)
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August 9, 2024
Major Utilities Say Mandatory Dual Billing Could Be Required For 18-Month Period
Several utilities informed the PSC that
August 9, 2024
Utility Alleges PUC Staff Report Which Favors Adding Discount To 0% POR Program Used "Mismatching" Data
A utility alleged that…
August 7, 2024
Utilities Seek To Require Use Of Dual Billing By Retail Suppliers
During a PSC conference concerning implementation of the ban on residential purchase of receivables (POR)…
August 7, 2024
PSC Orders Utility To File Alternative To Both 15% & Updated 5% POR Discount Rate
Concerned about the potential "anti-competitive" impacts from two proposals from…
August 2, 2024
Utilities Say PSC Should End POR For All Residential Customers
People's Counsel Urges PSC To Use Emergency Authority To Repeal POR Entirely
A PSC has been asked to use its emergency authority to repeal its existing purchase of receivables (POR) rules in an expedited manner
July 29, 2024
PSC Issues Order On Proposed Change In POR Discount Methodology, Meant To Address 15% Discount Rate
The residential purchase of receivables discount at…
July 29, 2024
Utility, In Post Collaborative Report, Says Supplier Consolidated Billing Would Require "Significant Financial And Operational Investment" With Little Or No Customer Benefit
In a report after the completion of a collaborative on supplier consolidated billing…
July 26, 2024
Utility Opposes Adding Discount Rate To POR (PUC Staff Seeking Discount)
A utility is opposing a proposal from the Staff of the PUC of…
July 23, 2024
PSC Floats Mandating Retail Suppliers Use Dual Billing, Temporarily, To Comply With New Statute
A PSC has initiated a proceeding to…
July 12, 2024
PSC Orders Utilities To Continue Work On Supplier Consolidated Billing Implementation
Orders Briefing On New Law's Impact On SCB
With new legislation only addressing the purchase of residential receivables…
July 2, 2024
Utility Proposes Solution To Mitigate 15% POR Discount Rate, Cautions That Rate May Continue To Be Challenging In Future
An EDC has offered an alternative to the nearly 15% purchase of receivables (POR) discount rate that would result
June 26, 2024
PUC Staff Recommend Discount Rate Be Added To Long-Standing Zero Discount POR Program, Or Alternative Mechanisms Explored
Staff of a Public Utilities Commission is proposing changes to a long-standing zero discount purchase of receivables program for retail energy suppliers
June 18, 2024
Retail Suppliers Urge PSC To Develop Alternative To Shocking 15% POR Discount For Residential Customers That Renders Retail Contracts "Uneconomic"
The nearly 15% purchase of receivables discount rate which resulted from…
June 12, 2024
PSC Directs Utilities To Report On POR Discount Rate Changes, Balances In Light Of POR Wind Down
PSC Approves Large POR Increases At Several Utilities
A PSC has directed…
June 12, 2024
PSC To Seek Briefs On SB 1's Impact On Supplier Consolidated Billing, Set To Address SCB Implementation Pause
A PSC expects to quickly issue an order addressing whether…
June 4, 2024
PSC Holds Retail Energy Reform Proceeding In Abeyance
A PSC has ordered that…
May 31, 2024
Maryland Utilities Ask PSC To Pause Retail Market Review, Citing Implementation Activities Under Reform Law SB1
The Maryland Joint Utilities (indicated below) have asked the Maryland PSC to hold in abeyance the PSC's review of…
May 24, 2024
Utility Proposes Decrease In POR Discount Rate, To Just Above 1%
An EDC has filed at…
May 24, 2024
Pepco-MD POR Discount To Increase 50%, Approaches 3%
Pepco has filed at the Maryland PSC new purchase of receivables discount rates proposed to be effective July 1, 2024
May 15, 2024
Utilities Intend To Pause Work On Supplier Consolidated Billing
Several utilities intend to "pause" work on IT systems updates to implement Supplier Consolidated Billing (SCB)
May 7, 2024
Maryland Gov. Signs Retail Market Reform Bill
Maryland Governor Wes Moore will sign SB 1, the retail energy market reform bill, according to a list of bill signings on the governor's website
May 1, 2024
SHOCK: Utility Files 15% POR Discount Rate
85 cents on the dollar
April 30, 2024
Retail Energy Regulator Declines To Open Investigation Of POR Discount Rate Methodology, Approves Huge Increases In Discount Rates
A retail energy regulator declined to open an investigation into the calculation of…
April 29, 2024
Electric Utility's POR Discount Jumps From 1% To Over 4%
An EDC has filed with…