May 30, 2013
New Jersey Adopts Changes to Purchase of Receivables Program
The New Jersey BPU yesterday adopted changes to the purchase of receivables programs in place at the electric and natural gas utilities.
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April 15, 2013
Retail Suppliers: Settlement Concerning Retail Market Issues at Philadelphia Gas Works "Imminent"
Retail suppliers believe that a settlement concerning several retail market issues at Philadelphia Gas Works is "imminent," according to pre-hearing memos filed by the suppliers.
April 3, 2013
Duke Energy Ohio to Make More Rate Codes Available to Retail Suppliers
Duke Energy Ohio, as part of a natural gas rate case settlement, has agreed to make additional rate codes available to retail natural gas suppliers.
March 22, 2013
PSNH: Current PUC Rule Prohibits Purchase of Receivables
Rules adopted by the New Hampshire Public Utility Commission currently prohibit the purchase of electric supplier receivables in the manner sought by retail suppliers, Public Service Company of New Hampshire said in recently filed testimony.
March 12, 2013
NEM: Retention of Dual Billing Drop in N.J. Staff POR Proposal Undermines Goal of Program
The retention of a reversion to dual billing for retail supply customers in arrears, as contained in a New Jersey BPU Staff proposal for a revised purchase of receivables program, undermines the goals of improving the POR program to provide mass market customers with more competitive offerings, the…
March 11, 2013
Illinois Staff Recommend Denial of Nicor Purchase of Receivables Tariff
Staff of the Illinois Commerce Commission have recommended that the Commission deny Nicor's proposed purchase of receivables tariff, testifying that no benefits to POR have been shown, and that therefore related expenses have not been shown to be prudent.
March 8, 2013
Retail Supplier Seeks Changes to Maine Rules for Standard Offer Receivables, Procurement
Electricity Maine, LLC has petitioned the Maine PUC for a rulemaking to revise the rules governing Standard Offer and retail supply receivables, and to change the procurement length for Standard Offer contracts.
March 4, 2013
New Jersey Staff POR Proposal Retains Reversion to Dual Billing
Staff of the New Jersey Board of Public Utilities has issued to stakeholders proposed revisions meant to improve the Purchase of Receivables programs, but which retain an eventual reversion to dual billing if the customer remains in arrears.
February 28, 2013
Retail Supplier Seeks Shopping Credits at Duke Energy Ohio due to Lack of Unbundling
Interstate Gas Supply, Inc. has recommended that the Public Utilities Commission of Ohio introduce a form of shopping credit for natural gas customers at Duke Energy Ohio due to the inclusion of natural gas procurement costs in nonbypassable base rates.
February 5, 2013
New York Dept. of State Seeks to End Dual Billing, Supplier-Consolidated Billing for ESCOs
The Utility Intervention Unit (UIU) of the New York State Department of State's Division of Consumer Protection has recommended to the New York PSC that ESCOs be compelled to use utility consolidated billing, with no alternatives.
January 29, 2013
Central Hudson to Provide Comparison of ESCO, Default Service Costs on Bills
A joint proposal by several parties in the New York PSC proceeding reviewing the acquisition of Central Hudson by Fortis Inc. would require Central Hudson to provide ESCO versus default service cost comparisons on retail access residential bills.
November 29, 2012
Central Hudson: Comparison of Prior ESCO Vs. Default Service Costs of "Limited Value"
Requiring distribution utilities to provide ESCO customers with a comparison of their costs under ESCO service versus shadow-billed default service costs would be of "limited value," Central Hudson Gas & Electric Corporation said in rebuttal testimony in a New York PSC proceeding reviewing its…
October 19, 2012
Nicor Tariff Filing Reveals Proposed POR Discount Rate, Other Program Details
The discount rate for receivables purchased by Nicor Gas under its proposed POR program would be 1.5%.
October 18, 2012
Illinois Opens Docket to Consider Purchase of Receivables at Gas Utility
The Illinois Commerce Commission has opened docket 12-0569 to review a Purchase of Receivables with Consolidated Billing program at Nicor.
October 15, 2012
New York PSC Staff Recommend Central Hudson Provide Comparison of ESCO, Default Service Costs on Bills
New York PSC Staff have recommended that Central Hudson Gas & Electric be required to provide ESCO customers with a comparison of their cost under competitive supply and the shadow-billed cost they would have paid under bundled service.
September 26, 2012
New York Staff Propose Comparison of ESCO, Default Service Costs on Bills, NiMo Supports
Staff of the New York Public Service Commission have recommended that Niagara Mohawk provide residential electric and natural gas ESCO customers with a comparison of competitive supply costs versus shadow default service costs, including through a notice on the monthly utility consolidated bill…
September 21, 2012
District of Columbia Adopts Purchase of Receivables Program
The District of Columbia PSC ordered Pepco to implement a purchase of receivables program within "approximately" nine months, further directing that all costs of the program shall be borne by retail suppliers (FC 1085).
September 19, 2012
New York PSC Denies Sales Tax Reimbursement Sought by ESCO due to Incorrect Tax Rate Used by Utility
The New York PSC has denied a petition filed by Agway Energy Services, LLC which was seeking an order from the PSC directing Niagara Mohawk Power Corporation (NMPC or National Grid) to compensate Agway for incremental sales taxes and interest assessed by the New York State Department of Taxation and…
August 29, 2012
New York ALJs Allow Discovery on NiMo Comparison of ESCO, Utility Costs
Two New York ALJs will allow a comparison of ESCO and utility costs provided by Niagara Mohawk to be used in discovery and litigation during NiMo's rate cases, but have not yet ruled substantively on whether such information should be released publicly, and accordingly afforded the data confidential…
July 19, 2012
Ohio to Review Payment Priority for Competitive Supply, Utility Receivables
The Public Utilities Commission of Ohio delegated that issues related to the payment priority for competitive supply and utility receivables collected on an electric utility consolidated bill shall be addressed in a newly opened rulemaking, declining to address the issue as part of the FirstEnergy…
June 26, 2012
Pepco Proposes 2014 Start for Any District of Columbia Purchase of Receivables Program
Pepco has recommended that any purchase of receivables program required by the District of Columbia PSC be delayed until the introduction of a new billing system, currently scheduled for 2014 (FC 1085).
May 17, 2012
Equitable Gas Files to Implement Purchase of Receivables Program
Equitable Gas Company, LLC has filed at the Pennsylvania PUC to implement a Purchase of Receivables program.
May 1, 2012
Massachusetts DPU Rules Suppliers Must Take POR if Using Complete Billing, Confirms Class-Specific Discounts
The Massachusetts DPU has ruled that retail suppliers cannot use utility consolidated billing without participating in the forthcoming purchase of receivables programs, and also affirmed that POR discount rates shall be class specific, in an interlocutory order and order on clarification (DPU 10-53)…
April 25, 2012
RESA Seeks Rulemaking for Non-Recourse Purchase of Receivables in New Jersey
The Retail Energy Supply Association has petitioned the New Jersey Board of Public Utilities to implement a rulemaking proceeding to adopt a rule requiring each Electric Distribution Company (EDC) and Gas Public Utility (GPU) to institute a non-recourse purchase of receivables program that does not…
April 3, 2012
ComEd Flat Per Bill POR Discount Insufficient to Recover Annualized Costs
The flat per-bill discount applied to purchased receivables at Commonwealth Edison was insufficient to recover annualized costs associated with the POR portion of the Purchase of Receivables and Consolidated Billing program in 2011, ComEd said in an annual report on the POR program.