FAQs
General
-
FAQ-62:
Does PECO provide example invoices or historical costs for the various components of full requirements?
Example invoices and historical costs for the various components of full requirements are not available from PECO or the Independent Evaluator. Appendix D to the Uniform SMA provides the PJM Billing Statement line items and the responsible party (Buyer or Seller) for each item. Additionally, you can find historical weighted average winning bid prices from prior solicitations available on the PECO RFP website.
03/01/2024 in General
-
FAQ-56:
Have any modifications been made to the products available in the March 2024 Solicitation or to the Uniform SMA due to the delayed PJM Base Residual Auction ("BRA") for the 2025/26 delivery year?
No modifications will be made to the products available in the March 2024 Solicitation or to the Uniform SMA due to the delayed PJM Base Residual Auction (“BRA”) for the 2025/26 delivery year.PJM’s Base Residual Auction (“BRA”) for the 2025/26 delivery year was delayed due to FERC proceedings. The delayed BRA for the 2025/26 delivery year is expected to be held in June 2024, after the Bid Date on March 12, 2024. The BRA for the 2025/26 delivery year, when held, will provide a visible capacity price for the last twelve months of the 24-month products. Bidders offering to supply the 24-month products are entirely responsible for any uncertainty related to the lack of visibility of the capacity price for those months.
12/21/2023 in General
-
FAQ-55:
When will the Independent Evaluator notify RFP Bidders of winning Bids?
The Independent Evaluator phones each RFP Bidder that has submitted Bids by 3 PM on the Bid Date and identifies the RFP Bidder’s Bids that are provided to the Commission as winning Bids. The Independent Evaluator also provides a notification to the RFP Bidder by email.
12/21/2023 in General
-
FAQ-46:
Should an RFP Bidder relying on the financial standing of a Foreign Entity as RFP Guarantor elect (b) in the Fifth Item of Section 1 for purposes of completing the online Part 1 Form?
An RFP Bidder relying on the financial standing of a Foreign Entity as RFP Guarantor should elect (b) in the Fifth Item of Section 1 in the online Part 1 Form to indicate the RFP Bidder is relying on the financial standing of an RFP Guarantor. Please complete items 1-3 with information regarding the Foreign Entity. If you need additional fields for completing the address for the Foreign Entity please use the space provided in Section 6. Justification of Omissions.
12/21/2023 in General
-
FAQ-44:
Is a sample of the legal opinion of outside counsel required to qualify a Foreign Entity as RFP Guarantor available?
A sample of the legal opinion of outside counsel required to qualify a Foreign Entity as RFP Guarantor is available upon request.
12/21/2023 in General
-
FAQ-40:
Has PECO implemented a time-of-use (“TOU”) rate option for residential and small commercial customers?
PECO has implemented a TOU rate option for default service customers. Any residential customer who elects to go on TOU rate will be assigned to the residential default load. Any small commercial customer who opts to go on the TOU rate will be assigned to the small commercial default service load. See Tariff information for TOU rates for Procurement Class 1 (residential) and Procurement Class 2 (small commercial): https://www.peco.com/MyAccount/MyBillUsage/Pages/CurrentElectric.aspx
12/21/2023 in General
-
FAQ-37:
Can a Default Supplier that does not own generation or use their generation to serve Default Load provide generation by fuel source data from the State of the Market Report for PJM to complete Appendix H?
The inclusion of the new Appendix H in the SMA was approved by the PaPUC to enable PECO to provide better information in its annual report to the Commission on default service. Under the Commission’s regulations (52 Pa. Code section 54.39), PECO must report “the percentage of total electricity supplied by each energy source, including a detailed breakdown of renewable resources as defined in section 2803 of the code (relating to definitions).”PECO intends to aggregate supplier-provided information from Appendix H when compiling this data and will not attribute the generation delivered to any particular supplier or suppliers.
PECO is not being prescriptive on how to complete Appendix H. If a supplier cannot determine the actual generation resource mix delivered to PECO under the SMA in a calendar year and chooses to use the PJM system mix for the calendar year as a proxy for their generation sources, we request that be notated on Appendix H when the completed form is submitted to PECO so that we may footnote which of our reported data is based on the PJM average mix and which is not.
12/21/2023 in General
-
FAQ-29:
What was the timeline of the Medium Commercial Class transition from default service on a fixed-price basis to default service on an hourly-price basis?
On June 1, 2016, PECO’s non-residential customers with a Peak Load Contribution between 100kW and 500kW, known as the Medium Commercial Class until May 31, 2017, transitioned from default service on a fixed-price basis to default service on an hourly-price basis with energy priced to the PJM day-ahead spot market. Starting June 1, 2017, these customers were merged with PECO’s Large Commercial & Industrial Class, non-residential customers with a Peak Load Contribution greater than 500kW, to form the Consolidated Commercial & Industrial Class (“CCI”). CCI customers will receive default service on an hourly-price basis with energy priced to the PJM day-ahead spot market.
12/21/2023 in General
-
FAQ-21:
On what volumes are the percentages listed for Alternative Energy Portfolio Standards (“AEPS”) compliance based?
AEPS quantities are based on electric energy sold by an Electric Distribution Company (EDC) or Electric Generation Supplier (EGS) to retail electric customers. AEPS obligations are calculated based on the retail load, which is delivered energy at the retail meter and does not include marginal losses.
12/21/2023 in General
-
FAQ-14:
Is it required for the RFP Bidder to be registered to do business in the state of Pennsylvania?
No, it is not a requirement under the Uniform SMA for suppliers to be registered to do business in the state of Pennsylvania. Please see Section 3.1 of the Pennsylvania Default Service Supplier Master Agreement (“Uniform SMA”) which states, the DS Supplier “is a corporation, partnership, limited liability company or other legal entity, duly organized, validly existing and in good standing under the laws of the Commonwealth of Pennsylvania or, if another jurisdiction, under the laws of such jurisdiction and, in such case, is duly registered and authorized to do business in such other jurisdiction.”
12/21/2023 in General