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PSC Sets Hearing On Staff Proposal For POR End Date For Existing Contracts, Mandatory Use Of Dual Billing
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The Maryland PSC scheduled for October 2, 2024 a hearing on a PSC Staff report concerning a proposed end date for purchase of receivables for existing residential contracts, and the proposed mandate that retail suppliers shall, for approximately 17 months, use dual billing for residential customers enrolled or renewed on or after January 1, 2025
As first reported by EnergyChoiceMatters.com last week, Staff's proposal would allow residential utility consolidated billing with POR to continue through an intended end date of June 1, 2026 for existing customers (contracts existing or renewed prior to January 1, 2025).
Staff proposes to mandate dual billing for residential contracts entered into or renewed on or after January 1, 2025, with this requirement intended to last until June 1, 2026. SB 1 prohibits POR for new and renewed residential customers
Due to the time needed to undertake updates to utility billing systems, Staff proposes that utilities be provided until June 1, 2026 to implement a form of non-POR UCB for residential customers.
Staff proposes that non-POR UCB use a pro-ration methodology, with payments allocated between utility and supplier receivables on a pro rata basis.
The extended period proposed to be provided to the utilities for implementing a non-POR UCB drives the proposed end date of June 1, 2026 for residential POR for existing contracts, and the need to mandate dual billing for new residential contracts until June 1, 2026
See full details concerning Staff's proposal in our prior story here
In addition to scheduling a hearing, the PSC invited comments on the Staff report, with comments due September 30, 2024.
PC65, PC 65
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September 17, 2024
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Copyright 2024 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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