April 29, 2024
POR Discount At Utility To Increase 68% To Over 3%
An LDC has filed proposed updates to its purchase of receivables (POR) discount rates
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Purchase of Receivables (POR)
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April 29, 2024
BGE Residential POR Discounts Increasing By 3-4x; Will Exceed 2% & 3%
Baltimore Gas & Electric has filed with the Maryland PSC new purchase of receivables (POR) discount rates.
April 12, 2024
Retail Supplier Seeks Changes To POR Discount Mechanisms In Light Of 50% Increase In Discount Rates
A retail energy supplier has sought changes to…
April 9, 2024
Maryland Retail Energy Reform Bill Heads To Governor
Both the Maryland House and Senate have passed the conference committee version of SB 0001, and the bill will be sent to the governor
April 8, 2024
Maryland Conference Committee Agrees On Retail Energy Reform Bill, Heads For Final Passage
A Maryland conference committee has agreed on changes to SB 0001, the retail energy reform bill
April 5, 2024
Utility Makes Change In POR Discount Calculation, Says Discount Would Otherwise Be 15%
A utility has filed to update its purchase of receivables discount rate…
March 29, 2024
Maryland House Passes Retail Energy Reform Bill
The Maryland House has passed on third reading SB0001, the retail energy reform bill
March 29, 2024
PECO Files Changes To Purchase Of Receivables Discount, MFC
PECO under a newly filed rate case has filed updates to…
March 19, 2024
PUC Approves Utility's New Purchase Of Receivables Program In Nisi Order
A PUC approved a settlement agreement between…
March 15, 2024
Nstar Files To Increase Residential & Commercial POR Discount Rates
Nstar (Eversource) has proposed…
March 15, 2024
National Grid Residential POR Discount Proposed To Increase By 50% To 3%
Commercial POR Discount Would Spike To 3.5%
National Grid has filed an update to the…
March 8, 2024
Maryland Senate Passes Retail Energy Reform Bill
The Maryland Senate has passed on third reading SB0001, the retail energy reform bill
March 4, 2024
Maryland Retail Energy Reform Bill Reported Out Of Committee, With Amendments
The Education, Energy, and Environment Committee of the Maryland Senate…
February 20, 2024
PSC Sets Hearing On Retail Market Reforms
A PSC has formally designated consideration of various retail energy market reforms as…
January 15, 2024
Bill Would Cap Retail Supplier Rates, Limit Contracts To 12 Months, No Auto Renewal
Companion bills have been introduced in…
December 27, 2023
Regulator To Consider Modifications To Utilities' Treatment Of Uncollectibles, Invites Comment On Allocation To Generation, Other Rate Components
In the annual reviews of the rate adjustment mechanisms of…
November 7, 2023
PSC Staff: Explore Phasing Out Utility Consolidated Billing
PSC Staff: Retail Supplier Prices Paid By Residential Customers, "Do Not Have A Reasonable Relationship With Market Prices For Some Customers" Staff: "Many Residential Retail Choice Customers Are Not Benefiting From Retail Choice On A Price Basis, Which Is Likely To Continue With No Changes To Retail Choice" Staff: Require Affirmative Consent For Fixed Rate Change, Or Switch From Fixed To Variable Rate Staff: Require Entire Sales Interaction At Door Or On Phone To Be Recorded Staff: Extend Consumer Protections To Small C&I Customers Staff: Adopt Restrictions On POR Consumer Group: Choice Customers Paid $227M More vs SOS In 2022 OPC: Ban Use Of Third-Party Agents By Retail Suppliers Muni Aggregator Supports "Reforms" To POR To Curb "Deceptive" Practices Some Retail Suppliers Propose POR Clawback, Increasing Supplier Security Requirement To $1 Million Staff of a PSC have proposed a series of retail energy market reforms for consideration
November 7, 2023
Multiple Utilities Support Eliminating Purchase Of Receivables
Several utilities told a PSC that they, "agree that POR [purchase of receivables] should be eliminated and recommend that the payment posting priority structure in place prior to the implementation of POR be applied."
October 10, 2023
Utility Files To Double Residential POR Discount To Over 3%
An EDC has proposed new POR discount rates
September 12, 2023
People's Counsel Sees Recently Opened Retail Market Proceeding At PSC As Potentially "Most Comprehensive Re-evaluation" Of Retail Choice Since 1999
An Office of People's Counsel said that a newly opened inquiry by…
August 8, 2023
PSC Rules Municipal Aggregation May Bundle & Bill Certain Non-Commodity Costs Through Utility Bill, POR
Throws Cold Water On Retail Suppliers Seeking Same Treatment
During a rulemaking session, the Maryland PSC agreed to allow an opt-out community choice aggregation to bundle certain non-commodity costs into the CCA's energy rate, with such bundled rate being eligible for utility consolidated billing and purchase of receivables
August 3, 2023
In New Action, PSC Initiates Consideration Of Broad Retail Market Reforms, Customer Protection
Changes To POR, UCB, Licensing & Bonding Cited, As PSC Says Market Has "Matured" Significantly
The Maryland PSC, which as previously reported has essentially undergone a re-constitution with a majority of Commissioners having been newly seated within the past few months, has invited comment on broad retail market reforms and customer protection
July 25, 2023
Utility Receives Approval To Increase POR Discount From 0% to 4%
The District of Columbia PSC has approved Pepco's annual update to its purchase of receivables (POR) discount rates, effective August 1, 2023
July 1, 2023
PSC Approves Nearly 7% POR Discount Rate
The District of Columbia PSC approved updates, as filed without modification, to Washington Gas Light's purchase of receivables (POR) discount rates
June 28, 2023
Update: PSC Will "Examine" Utility Consolidated Billing Charges, POR Amounts As SCB Implemented
The Maryland PSC issued an errata to its June 27 order concerning the cost recovery for supplier consolidated billing implementation