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Frequently Asked Questions - All, sorted by number

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Answers to Frequently Asked Questions are provided in this section. 

The first posting of FAQs is in August. The last posting of FAQs is in the latter part of January, after bidders are registered to participate in the Auctions. From that point, questions and answers are emailed directly to Registered Bidders and are not posted to the BGS Auction website. Questions that are not from Registered Bidders or their advisors are answered strictly on a best efforts basis.

Your use of this page (site) constitutes an acceptance of the Terms as described in the disclaimer.

 

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FAQ-27

Can you please provide the deadline for filing initial written comments on the EDCs’ proposal and the deadline by which we must provide notice if we want to present oral comments in person at the Legislative-type hearing on September 19th?


Initial Comments in the 2020 BGS proceeding are due September 4, 2019.  Initial Comments are written comments on any aspect of the EDCs’ proposal.  The Legislative-type hearing, scheduled for September 19th, is for parties wishing to appear in person and provide oral comments to the Board.  Parties wishing to be heard at the Legislative-type hearing should e-mail Stacy Peterson, at stacy.peterson@bpu.nj.gov by September 9, 2019.  Final Comments, which are due October 4, can only be used to respond to issues raised in the Initial Comments, issues raised at the Legislative-type hearing, or questions issued by Board staff.



9/3/2019, in General.
FAQ-26

When will the online Part 2 Form become available?


It is expected that the online Part 2 Form will become available on the day when bidders are notified that they have qualified for the 2020 BGS Auctions pursuant to a successful Part 1 Application.  For the 2020 BGS Auctions, this is expected to be January 14, 2020.



8/21/2019, in Application.
FAQ-25

If we have comment on the proposed BGS Supplier Master Agreements, should these be included in the Initial Comments or in the Final Comments?


In its April 18, 2019 procedural order initiating the BGS proceeding for the period starting June 1, 2020 (Docket No. ER19040428), the New Jersey Board of Public Utilities (“Board”) set a deadline of September 4, 2019 for Initial Comments.  Initial Comments are intended to be comments on any aspect of the EDCs’ proposal.  In particular, any comments that suppliers have on the Supplier Master Agreements should be submitted as Initial Comments.  Final Comments, which are due October 4, can only be used to respond to issues raised in the Initial Comments, issues raised at the Legislative-type hearing, or questions issued by Board staff.

Initial Comments must be filed by September 4, 2019 with the Board’s Secretary (customarily one original and 10 copies) at the following address:

Aida Camacho-Welch, Secretary of the Board, Board of Public Utilities

44 South Clinton Avenue, 3rd Floor, Suite 314

Post Office Box 350

Trenton, New Jersey 08625-0350

Initial Comments must also be electronically served via email to parties on the BGS e-service list.  Parties wishing to be added to the BGS e-service list may do so by emailing Stacy Peterson at Stacy.Peterson@bpu.nj.gov.



8/21/2019, in General.
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FAQ-24

Will the proposed BGS process be amended given the postponement of PJM’s BRA?


The EDCs are aware of the FERC Order issued on July 25, 2019 pertaining to the postponement of the Base Residual Auction planned for August 2019.  The EDCs are continuing to monitor the activity and filings at the FERC and PJM concerning potential changes to the PJM capacity market.  As events unfold and the impact of any subsequent and related FERC or PJM actions on the 2020 BGS Auctions can be assessed, the EDCs will consider and may propose subsequent enhancements to the BGS process to the New Jersey Board of Public Utilities as appropriate.



8/13/2019, in General.
FAQ-23

Can you please confirm that the data within the JCP&L BGS-RSCP Peak Load Allocations file as well as the data within the Switching Statistics for BGS-RSCP Eligible Customers are correct for June 2019?


JCP&L has confirmed that the values in both the “BGS-RSCP Peak Load Allocations” file and the “Switching Statistics for BGS RSCP Eligible < 750 kW Customers” file are correct for June 2019.



8/13/2019, in Data.
FAQ-22

Can you please confirm that myself and my colleague are registered to receive announcements about the BGS Auctions?  Can you please also provide information specific to the upcoming BGS Auction process?


We can confirm that the two email addresses you have provided are now registered to receive information and updates on future BGS events from the Auction Manager.

On July 1, 2019, the four New Jersey EDCs filed a proposal for the procurement of BGS Supply for the period beginning June 1, 2020 (the “July Filing”). The proposal, including the documents proposed to be the Auction Rules and Supplier Master Agreements, can be found on the “bgs proceeding” page of the BGS Auction website. 

Additional information regarding the BGS Auctions will be available on the BGS website when it becomes available.



8/13/2019, in General.
FAQ-21

If we become a winning bidder, can we include the ICRT Table within the Post-Auction Letter of Credit or should we expect to amend the amount as the ICRT declines over the term of the contract?


Winning BGS-RSCP bidders that choose to meet the credit requirements of the BGS-RSCP Supplier Master Agreement using a letter of credit must do so using the standard form of the Post-Auction Letter of Credit or including only modifications acceptable to the EDCs.  The standard form of the Post-Auction Letter of Credit as well as the list of Acceptable Modifications to the Post-Auction Letter of Credit can be found on the contract and credit page of the BGS website.  Please note that the Schedule for the Independent Credit Requirement per Tranche (“ICRT”) is not included in either of these documents so that the Post-Auction Letter of Credit is expected to be amended as the ICRT declines over the term of the contract.



8/13/2019, in Credit.
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FAQ-20

Does the Auction Manager provide contact information for the EDCs for purposes of the contract execution process?


After the New Jersey Board of Public Utilities (“BPU”) renders its decision on the results of the BGS Auctions,  winning bidders are contacted directly by the EDCs with which they have won tranches.  No contact information for the EDCs is provided prior to that point.



8/13/2019, in Supplier Master Agreement .
FAQ-19

Will BGS suppliers be responsible for paying for Zero Emission Credits?


On November 19, 2018, the Board issued an Order (Docket E018080899) approving a Zero Emission Certificates (“ZEC”) program including a mechanism for the EDCs to purchase ZECs from selected nuclear power plants.  As required by Senate Bill 2313 (the “Act”), each EDC filed with the Board a tariff to recover from its retail distribution customers a non-bypassable, irrevocable charge in the amount of $0.004 per kWh. Also on November 19, 2018, the Board approved the modified tariff filed by JCP&L and ordered the remaining three EDCs to file revised tariffs to implement the charge (Docket E018080899, Agenda Items: 9C-9). Thus, BGS suppliers bear no cost to acquire the ZECs.



8/13/2019, in General.
FAQ-18

Do the transmission rates announced in FAQ-9 assume that ConEd Wheel, Linden VFT, and Hudson Transmission Partners (“HTP”) have been approved?  Will the EDCs then withhold the portion of the announced transmission rate that reflects these reallocations?


The payments made by PSE&G to BGS Suppliers will reflect these cost reallocations from ConEd Wheel, Linden VFT, and Hudson Transmission Partners (“HTP”) only when a Final FERC Order as defined in the Supplier Master Agreement (“SMA”) is entered in these matters or when PSE&G otherwise receives authorization from the New Jersey Board of Public Utilities (“Board”) to pay BGS Suppliers.

The transmission rate listed for PSE&G in FAQ-9 does include the cost reallocations from ConEd Wheel, Linden VFT, and HTP.   The transmission rate announced for PSE&G corresponds to the rate that BGS Suppliers are currently seeing on their PJM statements and is the basis for the rates paid by BGS customers.  The portion of this announced transmission rate that corresponds to the cost reallocations from ConEd Wheel, Linden VFT, and HTP will be withheld from BGS Suppliers.   The amounts are collected from BGS customers and held by PSE&G for the benefit of BGS Suppliers.

For the other EDCs, these cost reallocations do not affect the announced transmission rate and only affect the Transmission Enhancement Charges (“TECs”). The portion of TECs corresponding to the cost reallocations for ConEd Wheel, Linden VFT, and HTP are collected from BGS customers but are withheld from BGS Suppliers.  BGS Suppliers will be paid when a Final FERC Order as defined in the SMA is entered in these matters or when the Board otherwise authorizes these EDCs to pay BGS Suppliers.



8/13/2019, in Supplier Master Agreement .
FAQ-17

Can you please clarify whether the NSPL values provided in FAQ-16 are already scaled by their corresponding NSPL Daily Zonal Scaling Factors?


The NSPL values provided for both ACE and PSE&G in FAQ-16 are already scaled. 

The NSPL values provided for RECO have not been scaled. 

The values provided for JCP&L have not been scaled except for Total TPS, which is already scaled.



8/13/2019, in Application.
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FAQ-16

Please provide the 2019-2020 Peak Load Contribution ("PLC") and 2019 Network Service Peak Load ("NSPL") data for each of the four EDCs.


The EDCs have provided Network Service Peak Load (“NSPL”) data for a day in January.

PSE&G BGS NSPL MW (01/10/2019):

Total TPS: 3,643.4

Total BGS: 6,284.5

TPS CIEP: 1,587.1

BGS CIEP: 356.1

TPS RSCP: 2,056.3

BGS RSCP: 5,928.4

JCP&L BGS NSPL MW (01/01/2019):

Total TPS: 5,837.1

Total BGS: 3,496.6

TPS CIEP Eligible: 879.6

BGS-CIEP: 115.8

TPS RSCP Eligible: 4,957.5

BGS-RSCP: 3,380.8

ACE BGS NSPL MW (01/10/2019):

Total TPS: 835.7

Total Eligible: 2,452.2

CIEP Eligible: 322.7

BGS-CIEP: 65.4

RSCP Eligible: 2,129.5

BGS-RSCP: 1,551.1

RECO BGS NSPL MW (1/14/2019):

Total TPS: 128.7

Total BGS: 330.8

CIEP Eligible: 56.5

BGS-CIEP: 8.7

RSCP Eligible: 403.1

BGS-RSCP: 322.1



8/13/2019, in Data.
FAQ-15

Can you please provide an example of the calculation of the solar and Class I obligations under the Clean Energy Act for Energy Years 2020, 2021, and 2022?


An example of the calculation of the solar and Class I obligation has been posted to the Renewable Energy Portfolio Standards matrix on the Additional Data page of the “data room” tab of the BGS Auction website.



8/13/2019, in General.
FAQ-14

Are there contracts other than BGS contracts executed prior to the Clean Energy Act becoming effective that are exempt from the increased solar obligations?


Only BGS contracts executed prior to the Clean Energy Act becoming effective are exempt from the increased solar obligation.



8/13/2019, in General.
FAQ-13

Would exempt RPS obligations be socialized statewide across all four EDCs and across both RSCP and CIEP or would they be socialized more narrowly to a particular EDC’s RSCP customer groups? In other words, would a PSE&G BGS-RSCP tranche only be required to provide its share of exempt obligations from PSE&G BGS-RSCP exempt contracts?


Non-exempt BGS contracts (RSCP and CIEP) are responsible for making up the deferred solar obligations from the exempt BGS contracts on a pro-rata basis statewide.  As stated in the Order issued by the Board on December 18, 2018 and revised on December 28, 2018, determining the deferred solar obligation for a particular non-exempt contract involves determining its market share of the non-exempt electricity supplied statewide during the applicable energy year.



8/13/2019, in General.
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FAQ-12

Are RMR and TEC charges included in a BGS Supplier’s charges for PSE&G?


The RMR and TEC charges for PSE&G are included in the BGS Supplier’s charges.



8/13/2019, in Supplier Master Agreement .
FAQ-11

What were the tranche fees for the 2019 BGS Auctions?


The tranche fees for the 2019 BGS Auctions were the following:

BGS-RSCP: $25,700/tranche

BGS-CIEP:  $21,400/tranche



8/13/2019, in General.
FAQ-10

There are no questions posted to the FAQ archives on the BGS Auction website. Where can I find FAQs from previous auctions?


The documents and FAQs of the BGS Auction website are refreshed every year to include only content relevant for the upcoming BGS Auctions. The FAQ Archive page is for FAQs posted since the refresh of the BGS Auction website but that are no longer relevant at the present time. FAQs from prior BGS Auctions are no longer available.



8/13/2019, in General.
FAQ-9

Could you please provide the firm transmission service rate announced before each of the last three Auctions? Are filings and orders for changes in the transmission rate available on the BGS Auction website?


The base rates for firm transmission service are announced before each Auction. The rates announced before the past three Auctions are provided below.

Rate for Firm Transmission Service ($/MW-day):

  2019 2018 2017
PSE&G 286.87 277.25 249.93
JCP&L 66.02 68.69 41.40
ACE 147.33 139.62 100.85
RECO 116.57 122.74 87.98

Filings and Orders regarding changes in the transmission rate under Section 15.9 of the Supplier Master Agreement can be found on the "transmission docs" page.



8/13/2019, in SMA Section 15.9.
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FAQ-8

Where can I find the results from previous BGS Auctions?


Results for previous BGS-RSCP and BGS-CIEP Auctions, with all publicly available data including the list of winning suppliers, number of tranches won, and final prices, have been posted to the “past results” page of the “auction” tab of BGS Auction website.



8/13/2019, in General.

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What's New

ANNOUNCEMENT: EDCs' Filing is Available on the BGS Auction Website...   GO >>

Board Approves Results of 2019 BGS Auctions...   GO >>