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PSC Clarifies January 1, 2025 Not "Definitively" Date Certain For End Of Residential Purchase Of Receivables
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January 1, 2025 is not "definitively" the date certain for the end of residential purchase of receivables in Maryland, the Maryland PSC said in a missive clarifying a prior order
As first reported by EnergyChoiceMatters.com, the PSC recently: (1) suspended the POR provisions of COMAR as they relate to residential receivables, effective January 1, 2025; (2) found that a "date certain" should be established for the end of residential POR; (3) found that it is in the public interest for POR to end for existing residential contracts; and (4) stated that a "temporary allowance" would be made for existing residential contracts, without further defining such temporary allowance, and while also stating that POR should not be "prolong[ed]" for years
The PSC did not in its prior order either explicitly establish a "date certain" for the end of residential POR for existing contracts, nor did the PSC establish the period for any "temporary allowance" that the PSC indicated would be made for existing contracts
While the COMAR provisions as they relate to residential POR will be suspended, the Retail Energy Supply Association, CleanChoice Energy, and NRG Energy noted in a motion for clarification that such suspension would not necessarily preclude the Commission from requiring, via PSC order, the continuation of certain practices contained in such rules as they relate to POR for existing residential contracts
Noting that the residential POR COMAR rules have been suspended effective January 1, 2025, RESA, CleanChoice, and NRG asked the PSC to clarify whether January 1, 2025 is the "date certain" for the end of residential POR, or whether such "date certain" will be established by further PSC order, such as in response to a forthcoming report by PSC Staff on SB 1 POR and billing issues which is due on Sept. 13
In response, the PSC clarified that, "January 1, 2025 is not definitively the 'date certain'", for the end of residential POR that was referenced in the PSC's prior order.
The PSC will issue a final order regarding POR issues raised by SB1, including continuation of POR for existing residential contracts and the implications thereof (such as the potential for mandatory dual billing if POR is allowed to continue under UCB for existing residential contracts) following the PSC's consideration of a Staff report on SB 1 POR and billing issues, which is due September 13, 2024
While the PSC has not definitively established a date certain for the end of residential POR, the only POR issue regarding residential service is the treatment of residential contracts which exist prior to January 1, 2025. SB1 mandates that POR shall end for residential contracts entered into, or renewed, on and after January 1, 2025
PC 65, PC65
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September 10, 2024
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Copyright 2024 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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