FAQ Archives - DSP IV - September 2018 Solicitation
The FAQs on this page are no longer relevant, as they are from past solicitations. These FAQs are posted here only for reference purposes. Do not rely on the information provided on this page for the current solicitation.
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FAQ-50:
Are Default Suppliers required to have a retail electricity license within the Commonwealth of Pennsylvania in order to qualify under PECO’s DSP IV?
No, it is not a requirement under the Uniform SMA for suppliers to have a retail electricity license within the Commonwealth of Pennsylvania.
11/07/2018 in General
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FAQ-49:
Can the Independent Evaluator provide the word version of the Uniform SMA?
The Uniform SMA is available in PDF format on the Supplier Information page of the RFP website. A word version is not available. The Independent Evaluator will prepare the Uniform SMA, including all Exhibits, for each New Default Supplier, and send these documents to PECO on the day the Commission approves some or all of the winning Bids.
09/24/2018 in General
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FAQ-48:
Slide 26 of the Bidder Information Session presentation states that PECO’s NYPA allocation for PY2018/19 is 8.5MW. Does that refer to a block energy MW allocation (i.e. flat across all hours)? What is the MW allocation for PY 2019/20 and PY 2020/21?
No, the 8.5 MW refers to cleared capacity in the PJM RPM Auction, and it is not a flat MWh amount. The NYPA allocation for the 2019/2020 and 2020/2021 planning year is not available at this time. The NYPA determines the annual allocation based on the number of residential customers PECO serves. PECO does not provide forecasts of its number of residential customers, thus PECO cannot speculate on how this allocation would change in the future. Please note that the data series in the data room are not adjusted for the NYPA allocation and suppliers are responsible for making these adjustments.
09/19/2018 in General
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FAQ-47:
Does the Independent Evaluator require the hardcopy of the Guaranty Intent Insert, or is a scan sufficient?
A hardcopy is not required. The RFP Bidder provides a copy of the Guaranty Intent Insert by upload to the online Part 2 Form.
09/17/2018 in General
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FAQ-46:
Is the Residential Class carved out of the definition of DS Load as it is written in the SMA?
The Residential Class is not carved out of the definition of DS Load; rather, the definition points out that for the Residential Class, DS Load is not synonymous with the aggregate load of DS Customers in that Class. For each of the Small Commercial Class and the Consolidated Large Commercial and Industrial Class, DS Load is exactly the aggregate load of DS Customers being provided DS Supply. For the Residential Class, DS Load is the aggregate load of DS Customers being provided DS Supply except for a fractional percentage of committed energy and capacity obtained under contract with Allegheny Electric Cooperative, Inc. for supply from the New York Power Authority. FAQ-34 provides additional information regarding this contract and is pasted here for your convenience.FAQ-34: PECO receives for the benefit of its residential customers an annual allocation of capacity and associated energy from the St. Lawrence hydroelectric project operated by the New York Power Authority (“NYPA”). PECO has established a separate sub-account with PJM exclusively for the St. Lawrence project power allocation from NYPA for a slice of the residential default load. Thus, Default Suppliers are not responsible for any services required to serve this portion of the load.
The NYPA power, therefore, serves to reduce supply needed from Default Suppliers in proportion to their share associated with their tranches of the Residential Class. The NYPA allocation for the 2018/2019 is 8.5 MW. The NYPA determines the annual allocation based on the number of residential customers PECO serves. PECO does not provide forecasts of its number of residential customers, thus PECO cannot speculate on how this allocation would change in the future.
09/14/2018 in General
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FAQ-45:
Is hourly load data available for July and August 2018?
Hourly load data through June 2018 were posted on September 13, 2018. These data are typically updated monthly, on or before the 13th of each month. Hourly load data for July and August 2018 will not be available prior to the Bid Date on September 25, 2018. The most recently updated hourly load data are posted on the Current Data page of the RFP website here: http://pecoprocurement.com/index.cfm?s=dataRoom&p=monthly
09/14/2018 in Data
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FAQ-44:
Is there a cap on the number of tranches that an RFP Bidder can potentially bid?
Yes, an RFP Bidder may have a Load Cap. The Independent Evaluator prepares an electronic Bid Form for each RFP Bidder qualified pursuant to a successful Part 1 Proposal. If the RFP Bidder cannot bid on all tranches available of a product because of the Load Cap for the Class to which such product belongs and because of tranches previously won by the RFP Bidder, the Bid Form reflects that fact.Generally speaking, each Class has “Load Caps”, which are limits on the number of tranches of Default Supply that an RFP Bidder can bid and serve for that Class. The Load Caps ensure that there will be a diversified pool of Default Suppliers for each Class. The Load Caps for a Class are set so that the Default Service customers of that Class have no more than a 50% exposure to anyone Default Supplier at any given time. If two or more Default Suppliers are affiliated, the Load Caps will apply jointly to such group of Default Suppliers. More information on Load Caps is provided in paragraphs 1.2.10 and 1.2.11 of the RFP Rules.
09/14/2018 in Rules
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FAQ-43:
Will DS Suppliers be responsible for Transmission Enhancement charges?
PECO is the responsible party for Transmission Enhancement charges (ID #1108). Appendix D to the Uniform SMA provides the PJM Billing Statement line items, including transmission charges, and the responsible party (Buyer or Seller) for each item.
09/14/2018 in Rules
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FAQ-42:
In the Uniform SMA Insert (#P1-4), an RFP Bidder is given the option to add subsection 5.4(a)(1). What calculation is used to calculate quantities if the RFP Bidder chooses to not add this subsection?
If you opt for the notional quantity provision, under an event of default future quantities are determined by looking at quantities from the previous calendar year and making any adjustments for DS Load changes (i.e., for current switching levels). In that manner, historical data is used and the quantities largely are pre-specified. The alternative is expected to be to use a forecast that would be made at the time of default; under such an option the quantities could not be pre-specified.
09/14/2018 in Rules
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FAQ-41:
Can I use the same Pre-Bid and Post-Bid Letters of Credit from the previous solicitation?
The Pre-Bid Letter of Credit is reviewed anew in each solicitation. It is the responsibility of the RFP Bidder to ensure that the Pre-Bid Letter of Credit is in the form of the Standard Pre-Bid Letter of Credit or incorporates only modifications that have been approved by PECO and posted on the RFP website. Please note that there has been a change to paragraph 14 of the Standard Pre-Bid Letter of Credit since the previous solicitation to update the name of “S&P Global Ratings”.The current list of approved modifications to the Standard Pre-Bid and Post-Bid Letters of Credit are posted at the bottom of the Supplier Documents page of the RFP website here under the heading “Credit Instruments – September 2018”. A final list of approved modifications will be posted by 12PM (noon) on the day the Part 2 Window opens, September 14. Each RFP Bidder may use any of the approved modifications, regardless of whether the RFP Bidder itself or another RFP Bidder proposed the modification.
09/05/2018 in General
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FAQ-40:
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.”
08/28/2018 in Contract , General
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FAQ-39:
Can I use the Alternate Guaranty Process to propose modifications to the Standard Guaranty?
The Alternate Guaranty Process is not a process by which suppliers may propose modifications to the Standard Guaranty. Any such proposal may be submitted with the Part 1 Proposal, due by 12PM (noon) EST on September 11, 2018.Whether or not the RFP Bidder has previously qualified, an RFP Bidder may, in its Part 1 Proposal, request modifications to the Standard Guaranty that are non?material in nature, or that are advantageous to both PECO and the RFP Bidder. An RFP Bidder requests modifications to the Standard Guaranty by submitting a Draft Guaranty substantially in the form of the Standard Guaranty indicating clearly any and all modifications to the Standard Guaranty. The Draft Guaranty must be submitted in Microsoft Word by upload to the online Part 1 Form. A Draft Guaranty that is not substantially in the form of the Standard Guaranty will not be considered or evaluated.
All approved modifications to the Standard Guaranty will be posted to the RFP website. Each RFP Bidder may use any of the approved modifications, regardless of whether the RFP Bidder itself or another RFP Bidder proposed the modification. The current list of acceptable modifications that have been approved in previous solicitations is available in the Acceptable Modifications to the Standard Guaranty document posted here.
08/16/2018 in Contract
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FAQ-38:
Is a Default Supplier under DSP IV that has winning Bids that are approved by the Commission in a subsequent solicitation under DSP IV required to execute a new SMA?
No. A Default Supplier under DSP IV that has winning Bids that are approved by the Commission in a subsequent solicitation under DSP IV will execute one Transaction Confirmation for each product for which it has winning Bids and will not execute a new Uniform SMA.Please refer to paragraph I.3.6 of the RFP Rules, which states, "PECO and each such RFP Bidder execute a single Uniform SMA during the course of DSP IV. Each solicitation, PECO and each such RFP Bidder execute one Transaction Confirmation for each product for which such RFP Bidder has Bids that are approved by the Commission". The RFP Rules is available on the RFP website here: http://www.pecoprocurement.com/index.cfm?s=supplierInformation&p=documents
08/13/2018 in Contract
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FAQ-37:
Is a Default Supplier under DSP IV that has winning Bids that are approved by the Commission in a subsequent solicitation under DSP IV required to execute a new guaranty?
A Default Supplier that has already executed a guaranty with PECO under DSP IV is not required to execute a new guaranty if they win additional tranches in a subsequent solicitation under DSP IV. Instead, the Default Supplier will amend the amount of the existing guaranty to reflect the newly won tranches.
08/13/2018 in Contract
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FAQ-36:
May suppliers propose modifications to the Standard Guaranty through the Alternate Guaranty Process?
No. The Alternate Guaranty Process allows a supplier who is unable to use the Standard Guaranty provided as Appendix G to the Uniform SMA to submit for consideration by PECO a guaranty that the supplier uses in its normal course of business. Such a guaranty is called an “alternate guaranty form”, and the process by which suppliers may obtain approval to use an alternate guaranty form is described in Appendix 2 of the RFP Rules. The Alternate Guaranty Process is not a process by which suppliers may propose modifications to the Standard Guaranty.
08/13/2018 in Contract
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FAQ-35:
Can you provide an update on interval meter deployment? Which rate classes and strata will be interval metered at full deployment?
As of August 28, 2017, interval meter deployment for residential and commercial customers with annual peak demand less than 500 kW is anticipated to be completed by end of 2017 for active customers and deployment for commercial customers with annual peak demand 500 kW or greater is approximately 40% complete. At full deployment, interval meters will be installed for the rate schedules and strata indicated in the table below. Please note that only unmetered service are marked “No”.
Rate Schedule Strata
Interval Metered
AL
177
No
EP
161
Yes
GS
101
Yes
GS
107
Yes
HT
151
Yes
PD
157
Yes
POL
173
No
R
111
Yes
R
112
Yes
R
113
Yes
RH
121
Yes
RH
122
Yes
RH
123
Yes
SLE
170
No
SLS
171
No
TL
175
No
TL
176
No
08/07/2018 in Data
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FAQ-34:
Is PECO’s contract with Allegheny Electric Cooperative, Inc. for supply from the New York Power Authority (“NYPA”) for both energy and capacity? What is the NYPA allocation for the 2018/2019 Planning Year?
PECO receives for the benefit of its residential customers an annual allocation of capacity and associated energy from the St. Lawrence hydroelectric project operated by the New York Power Authority (“NYPA”). PECO has established a separate sub-account with PJM exclusively for the St. Lawrence project power allocation from NYPA for a slice of the residential default load. Thus, Default Suppliers are not responsible for any services required to serve this portion of the load.The NYPA power, therefore, serves to reduce supply needed from Default Suppliers in proportion to their share associated with their tranches of the Residential Class. The NYPA allocation for the 2018/2019 is 8.5 MW. The NYPA determines the annual allocation based on the number of residential customers PECO serves. PECO does not provide forecasts of its number of residential customers, thus PECO cannot speculate on how this allocation would change in the future.
08/01/2018 in Contract
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FAQ-33:
Is there a credit-based tranche cap in the PECO RFP?
No, there is no cap on the number of tranches for which an RFP Bidder can bid on based on the credit assessment for the entity on which that RFP Bidder is relying. There are, however, load caps for a Class that are set so that the Default Service customers of that Class have no more than a 50% exposure to any one Default Supplier at any given time.
07/31/2018 in Credit , Rules
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FAQ-32:
Is a PECO Default Supplier assigned customers?
A Default Supplier provides full-requirements service for the percentage of PECO’s Default Load that corresponds to the number of tranches won by the supplier for a given Class (Residential (“RES”), Small Commercial (“SC”), or Consolidated Large Commercial and Industrial (“CCI”)). The stated percentage share is a percentage of the load of all PECO customers in a Class. Customers are not assigned to Suppliers.The percent size of a tranche along with the Total Peak (MW) and Default Peak (MW) for each Class is provided in Table 1-2 of the RFP Rules posted on the Supplier Information – Documents page of the RFP website. This data was updated as of July 2018 for delivery year 2018/19.
Please see the monthly data page for historical data including Hourly Load data, PLC & NSPL data, and Customer Counts by Class.
07/31/2018 in General
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FAQ-31:
Where can I find weather correction factors for each rate class?
The available weather correction factors are posted on the Additional Data page of the RFP website here:
http://pecoprocurement.com/index.cfm?s=dataRoom&p=additional
07/31/2018 in Data
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FAQ-30:
What is the deadline for Bidders to provide modifications to the Standard Pre-Bid Letter of Credit?
An RFP Bidder may request modifications that are non-material in nature, or that are advantageous to both PECO and the RFP Bidder with its Part 1 Proposal. The Part 1 Proposal is submitted during the Part 1 Window, which opens on September 5, 2018 and closes on September 11, 2018.An RFP Bidder requests modifications to the Standard Pre-Bid Letter of Credit by submitting a Draft Pre-Bid Letter of Credit substantially in the form of the Standard Pre-Bid Letter of Credit indicating clearly any and all modifications to the Standard Pre-Bid Letter of Credit. The Draft Pre-Bid Letter of Credit must be submitted in Microsoft Word with tracked changes by upload to the online Part 1 Form.
07/31/2018 in General , Credit
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FAQ-29:
Does a Bidder submit a single Pre-Bid Letter of Credit for all products on which it plans to bid?
An RFP Bidder must, in its Part 2 Proposal, submit single a Pre-Bid Letter of Credit in an amount of at least: (i) $250,000 per tranche bid on products for the Residential and Small Commercial Classes; and (ii) $125,000 per tranche bid on a CCI product (if applicable). This Pre-Bid Letter of Credit must be in the form of the Standard Pre-Bid Letter of Credit provided as Appendix 9 to the RFP Rules or must incorporate only modifications that have been approved by PECO and posted to the RFP website.
07/31/2018 in Credit
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FAQ-28:
Are Default Suppliers responsible for providing any of the services or products included in full requirements service for the fractional percentage of committed energy and capacity obtained under contract with Allegheny Electric Cooperative, Inc. for supply from the New York Power Authority (“NYPA”)?
No. Default Load for the Residential Class is reduced by a fractional percentage of committed energy and capacity obtained under contract with Allegheny Electric Cooperative, Inc. for supply from the New York Power Authority (“NYPA”). Default Suppliers are not responsible for providing any of the services or products included in full requirements service for NYPA supply.
07/31/2018 in Contract
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FAQ-27:
Are the data series in the data room adjusted for the NYPA allocation?
No, the data series in the data room are not adjusted for the NYPA allocation and suppliers are responsible for making these adjustments.
07/31/2018 in Data
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FAQ-26:
Can RFP Bidders request modifications to the Uniform SMA?
The Uniform SMA was approved by the Commission in Docket No. P-2016-2534980 and comments will not be accepted at this time. RFP Bidders that apply to participate in the PECO RFP are required to accept all of the terms of the Uniform SMA without modifications. The Uniform SMA is posted on the Supplier Documents page of the RFP website as Appendix 1 to the RFP Rules:
http://www.pecoprocurement.com/index.cfm?s=supplierInformation&p=documents
07/31/2018 in Contract
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FAQ-25:
To whom should we send electronic versions of the Pre-Bid Letter of Credit once it has been issued?
The hardcopy executed Pre-Bid Letter of Credit must be sent by overnight delivery service to the Independent Evaluator at the address provided below. RFP Bidders may, but are not required to, upload an electronic executed version of the Pre-Bid Letter of Credit to the online Part 2 Form for evaluation. The hardcopy Pre-Bid Letter of Credit and any electronic versions should not be sent to PECO.NERA - Independent Evaluator
PECO Default Service Program RFPs
1835 Market Street, Suite 1205 Philadelphia, PA 19103
07/31/2018 in General , Credit
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FAQ-24:
Does a Default Supplier under DSP IV that wins tranches in a subsequent solicitation under DSP IV execute a new Uniform SMA?
A Default Supplier under DSP IV that has winning Bids that are approved by the Commission in a subsequent solicitation under DSP IV will execute one Transaction Confirmation for each product for which it has winning Bids and will not execute a new Uniform SMA.Please refer to paragraph I.3.6 of the RFP Rules, which states, "PECO and each such RFP Bidder execute a single Uniform SMA during the course of DSP IV. Each solicitation, PECO and each such RFP Bidder execute one Transaction Confirmation for each product for which such RFP Bidder has Bids that are approved by the Commission". The RFP Rules is available on the RFP website here:
http://www.pecoprocurement.com/index.cfm?s=supplierInformation&p=documents
07/31/2018 in Contract
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FAQ-23:
What is the required amount of the Pre-Bid Letter of Credit?
An RFP Bidder must, in its Part 2 Proposal, submit a Pre-Bid Letter of Credit in an amount of at least: (i) $250,000 per tranche bid on products for the Residential and Small Commercial Classes; and (ii) $125,000 per tranche bid on a CCI product (if applicable). This Pre-Bid Letter of Credit must be in the form of the Standard Pre-Bid Letter of Credit provided as Appendix 8 to the RFP Rules or must incorporate only modifications that have been approved by PECO and posted to the RFP website. For more information on the Pre-Bid Letter of Credit see V.2 in the RFP Rules:
http://www.pecoprocurement.com/index.cfm?s=supplierInformation&p=documents
07/31/2018 in Credit
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FAQ-22:
Is it acceptable to rely on the financial standing of a Foreign Guarantor?
Yes, RFP Bidders may rely on the financial standing of a Foreign Guarantor. Please see Paragraphs IV.5. and V.5. of the RFP Rules for additional requirements applicable to RFP Bidders with Foreign Guarantors. The RFP Rules are available on the Supplier Documents page of the RFP website:
http://www.pecoprocurement.com/index.cfm?s=supplierInformation&p=documents
07/31/2018 in Credit
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FAQ-21:
If the State of Pennsylvania increases the AEPS obligation, is the Default Supplier responsible for the incremental cost?
Yes. Please see Appendix E of the Pennsylvania Default Service Supplier Master Agreement (“Uniform SMA”) which states, “If AEPS requirements change by law or any other reason, DS Supplier shall be responsible for providing the credits at its expense in order to comply with its obligations under Full Requirements Service.”
07/31/2018 in Contract
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FAQ-20:
Is cash an acceptable form of pre-bid security?
No, cash is not an acceptable form of pre-bid security. An RFP Bidder must either use the Standard Pre-Bid Letter of Credit available on the RFP website here, or a Pre-Bid Letter of Credit that incorporates only those modifications to the Standard Pre-Bid Letter of Credit that have been approved by PECO and posted to the RFP website.
07/31/2018 in Credit , Rules
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FAQ-19:
Who can sign the certifications required for the Part 1 Proposal?
Please see Paragraph III.1.13 of the RFP Rules. For a given solicitation, all representations and certifications required by the RFP, including those required for the Part 1 Proposal and Part 2 Proposal, must be made by a single individual who serves as Officer of the RFP Bidder. An Officer of the RFP Bidder is an individual authorized to undertake contracts (including the Uniform SMA) and bind the RFP Bidder.
07/31/2018 in Rules
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FAQ-18:
In Exhibit 1, Transaction Confirmation, included in Appendix C of the Uniform SMA, there are blanks to provide the average costs for the Alternative Energy Credits (AECs). Will PECO provide these numbers to a winning bidder or are these numbers to be provided by the Seller?
Default Suppliers are responsible for providing the AECs necessary for PECO to meet its obligations under the Alternative Energy Portfolio Standard (“AEPS”) Act during the term of the Uniform SMA. The obligations of Default Suppliers in this regard are reduced by the AECs procured separately by PECO. The blanks in the Transaction Confirmation are for the Default Supplier to provide a price for each type of AEC (Tier I, Tier I Solar, and Tier II) that is included in the RFP Bidder’s winning Bids. As specified in the RFP Rules (see Paragraph V.1.2), each such price must be greater than $0/AEC. The RFP Bidder will be required to certify in its Part 2 Proposal that it will comply with this obligation.
07/31/2018 in Contract
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FAQ-17:
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.
07/31/2018 in General
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FAQ-16:
When are the solicitation results announced?
Within fifteen (15) days of the close of the solicitation, the Independent Evaluator releases the weighted average price as well as the percentage of load represented by each tranche for each product procured in that solicitation. When the results become available, the Independent Evaluator will make an announcement, and you will be able to access the results here: Background/Previous Results.
07/31/2018 in Rules
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FAQ-15:
Is the historical hourly load data posted to the RFP website weather-normalized? How does PECO forecast load data? Does PECO forecast weather-normalized loads or is the monthly load forecast based on expected weather?
PECO does not make available forecasted data in the context of its Default Service Program RFP. The hourly load data posted to the RFP website is historical and not weather-normalized. Peak Load Contribution (“PLC”) values are based on the weather-normalized five coincident summer peaks from the prior year as per PJM methodology. PJM Manual 19 documents how peak load is weather-normalized. For more information on data series posted to the Data Room of the RFP website, please refer to the Data Description document.
07/31/2018 in Data
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FAQ-14:
The monthly hourly load data in the Data Room section of the RFP website lists load (MWh) which is separated by “EGS load”, “PECO Default service load”, and “Total Energy”. Which of these three data series are used for settlement purposes by PECO for customers that are not hourly metered?
Each Default Service supplier is paid, in any given hour, on the basis of the share of the total Default Service load that the supplier is serving for each class in that hour. The supplier share is calculated based on the number of awarded tranches for each class times the percent size of each tranche. The hourly loads under the “EGS” category posted in the Data Room correspond to PECO’s retail customers who have elected to be supplied by an Electric Generation Supplier, and therefore do not belong to PECO load settlements, regardless of whether they are hourly metered or not.
07/31/2018 in Data
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FAQ-13:
Are the names of winning RFP Bidders posted to the RFP website?
No, the names of winning RFP Bidders are not publicly available.
07/31/2018 in Rules
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FAQ-12:
Where can I find the static load profile info for PECO?
The static load profile data is located on the "Additional Data" page in the Data Room on the RFP website here. PECO started applying this static load profile data to monthly-metered customers (those without interval meters) on January 1, 2011. Please note that from 2006 through 2010, PECO developed hourly load data by customer group for monthly-metered customers using other older profiles and will not be able to retrofit the new load profiles to the historical hourly load data that is provided in the Data Room. For additional information, please see page 3 of the Data Description Document available here.
07/31/2018 in Data
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FAQ-11:
Where can I find a comprehensive list of historical default service rates for each customer class?
PECO posts a Default Service rate calculation model that translates the prices determined through this RFP into Default Service rates or “Price to Compare” ("PTC") by customer class since 2011. These PTCs are available on the Company website here below the heading 'PTC Archive':
www.peco.com/MyAccount/MyService/Pages/ElectricPricetoCompare.aspx
07/31/2018 in Rates
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FAQ-10:
For the remaining Residential Default Load served by PECO, will PECO pay for all of the cost of full requirements service or only the cost of energy and AECs?
In regards to the remaining Default Load, PECO will be a Load Serving Entity in PJM and will acquire all necessary supply through PJM-administered markets and will obtain sufficient Alternative Energy Credits (“AECs”) at market prices to satisfy any near-term obligations under the AEPS Act. Default Suppliers are not responsible for any of the costs related to the portion of the Default Load of the Residential Class served by PECO.
07/31/2018 in Contract
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FAQ-9:
Is the hourly load data posted in the Data Room for wholesale energy?
As stated in the data description document, the hourly load data provided in the Data Room on the RFP website includes applicable distribution and transmission losses. These values will be de-rated by PJM for marginal losses prior to energy settlement. PECO provides hourly marginal loss deration factors in the Data Room.
07/31/2018 in Data
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FAQ-8:
Is a price on the Bid Form a price for a single tranche? Or does the price associated with the second tranche represent a price offered for two tranches?
Each price on the Bid Form is for a single tranche. A “Bid” is a price in $/MWh for one tranche of a given product.
07/31/2018 in Rules
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FAQ-7:
What happens if my Pre-Bid Letter of Credit is not sufficient to support my Bids?
Please see paragraph VII.2.10 of the RFP Rules. The Independent Evaluator will determine for such RFP Bidder the greatest number of whole tranches that its Pre-Bid Letter of Credit is sufficient to support. The Independent Evaluator will strike a Bid from a Bid Form for any tranche that is not supported by the Pre-Bid Letter of Credit. The Independent Evaluator will remove a Bid first from the product where there is most competition, as measured by the ratio of the number of tranches bid to the number of tranches needed. For that product, the Independent Evaluator will start with the tranche that has the highest Bid. If more than one RFP Bidder submitted Pre-Bid Letters of Credit that are insufficient to support the number of tranches bid by each such RFP Bidder, the Independent Evaluator will first modify the Bid Form from the RFP Bidder whose Bid Form is received last.
07/31/2018 in Credit , Rules
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FAQ-6:
Are Default Suppliers required to have a retail electricity license within the Commonwealth of Pennsylvania in order to qualify as a Default Supplier?
No, it is not a requirement under the Uniform SMA for suppliers to have a retail electricity license within the Commonwealth of Pennsylvania. When the PaPUC approves the results of a solicitation, it approves the bid prices that will determine retail rates and the winning suppliers that will provide supply to meet the load of Default Supply customers.
07/31/2018 in Contract , General
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FAQ-5:
Do all winning bidders of a product receive the highest winning price for that product or does each winning bidder for a product receive the price as stated on their bid form?
For each product in this solicitation, a Default Supplier will be paid a supplier-specific price for each MWh of electric load served as specified in the Transaction Confirmation for that product. The supplier-specific price for a product will be the average of approved Bids for that Default Supplier and for that product, as provided in the Bid Form.
07/31/2018 in Rules
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FAQ-4:
Are the Hourly PJM Deration Factors for the PECO Zone provided in Eastern Standard Time or Eastern Prevailing Time?
Hourly reports align with Eastern Prevailing Time. For instance, Hour 1 pertains to the hour between 12:00 a.m. EPT and 1:00 a.m. EPT. Daylight Savings Time (DST) is treated as follows:- Hourly reports spanning the Fall DST period contain 25 consecutive hours.
- Hourly reports spanning the Spring DST period contain 23 consecutive hours.
For more information please see the Data Description document posted to the Data Room.
07/31/2018 in Data
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FAQ-3:
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.
07/31/2018 in General
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FAQ-2:
Can you please provide the Peak Load Contribution (PLC) by class for planning year 18/19?
The Total Peak (MW) and Default Peak (MW) for each Class is provided in Table I-2 of the RFP Rules. This data was updated as of July 2018 for delivery year 2018/19. The RFP Rules is available on the Supplier Documents page of the RFP Website:
http://pecoprocurement.com/index.cfm?s=supplierInformation&p=documents
07/31/2018 in Data
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FAQ-1:
In the hourly load data file, for the CCI-GS rate schedule, the Default Energy (MWh) is negative for hours 10-13 on 10/27/2017. Also, for those same hours, in the Unaccounted For Energy (UFE) file, the Total Zone UFE (MW) is positive. Please confirm that the data is correct.
The values provided for the Default Energy (MWh) for the CCI-GS rate schedule and the Total Zone UFE in hours 10-13 on 10/27/2017 should be disregarded due to metering error.
07/31/2018 in Data