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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-44

Can a winning BGS Supplier use another entity as an agent for its dealings with PJM?


Yes.



11/16/2020, in Association and Confidential Information Rules.
FAQ-43

When is the Pre-Auction Letter of Credit due?


The Pre-Auction Letter of Credit is due with the Part 2 Application.

An interested party submits the Part 1 Application by 12 PM (noon) on December 15, 2020. An Applicant that has successfully completed the Part 1 Application is a “Qualified Bidder.” Only a Qualified Bidder for an Auction may submit the Part 2 Application for that Auction. The Pre-Auction Letter of Credit (together with any additional Pre-Auction Security that may be required for participation in the BGS-RSCP Auction) is due by 12 PM (noon) EPT on January 14, 2021, the deadline for submission of the Part 2 Application.



11/12/2020, in Application, Credit, Pre-Auction Security.
FAQ-42

What are the implications on BGS of the recent FERC Order regarding MOPR?


Neither the EDCs nor the Auction Manager analyze or interpret legislation, FERC rulings, or a specific FERC Order for bidders. At this time, the Auction Manager and the EDCs do not have additional information to offer on this topic.



10/29/2020, in General.
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FAQ-41

If the Board approves removing transmission from existing BGS contracts, will the auction price paid to suppliers change?


Should the Board approve the removal of transmission from existing contracts, for a supplier with an existing contract for a given BGS-RSCP Auction and a given EDC, the payment to that supplier will be reduced by the amount of the announced firm transmission rates for that EDC in that Auction, times the LSE's share of the NSPL. In this way, there would be a change in payment that would go along with accepting the removal of transmission from the BGS product in existing BGS contracts.



10/29/2020, in Supplier Master Agreement .
FAQ-40

In the wake of COVID-19, and as a result of subsequent stay-at-home mandates, is there any plan on the part of the EDCs to change the methodology as to the allocation of PLA to RSCP and CIEP customers?


Each EDC files their own methodology to the FERC. At this time there are no plans to make changes to the PLA allocation methodologies. Should changes be made to these methodologies, the Auction Manager will make this information known.



10/29/2020, in Data.
FAQ-39

Are the slides from the Bidder Information Webcast held on October 22 posted to the BGS Auction website?


The slides are available on the "webcast materials" page of the "bidder info" tab.



10/29/2020, in General.
FAQ-38

How do I express interest to participate in the BGS Auctions?


There is no deadline specifically to submit an Expression of Interest to participate in the BGS Auctions. You may express interest by requesting login credentials to access the online Part 1 Form (through the BGS Application website here, or by email to BGS-Auction@nera.com). If a request is sent through email, please include your Company name and contact information for one representative. Login credentials will be provided closer to the opening of the online application portal, on or before December 1, 2020. The deadline to submit the Part 1 Application to become a Qualified Bidder in the 2021 BGS Auctions is 12 PM (noon) on December 15, 2020.



10/29/2020, in Application.
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FAQ-37

I am doing some research and would like to find documents that were previously filed with the New Jersey Board of Public Utilities. Are these posted on the BGS Auction website?


While the BGS Auction website contains some general information of interest to all stakeholders, this website is mainly established for suppliers that participate in the upcoming BGS Auctions and as such we do not generally maintain a database of past documents. However, the New Jersey Board of Public Utilities (“Board”) has document search tools that allow members of the public to locate documents that have been filed with the Board (https://www.nj.gov/bpu/agenda/orders/). For this purpose, it may be helpful to note the docket numbers in which such prior documents were filed, which are available from the Board decisions posted to the BGS orders page of the auction tab on the BGS Auction website.



10/11/2020, in General.
FAQ-36

Where can I find each EDC’s rate design methodology?


Please see each Company-Specific Addendum (posted to the BGS proceeding page of the auction tab on the BGS Auction website) for each EDC’s rate design methodology.



10/11/2020, in Rates.
FAQ-35

Can you please provide a link to the Board Order approving the 2004 BGS Auction Process?


Please find the Board Order approving the 2004 BGS Auction Process here. We also note that previously issued Board Orders relating to the BGS Auction process can be found on the “bgs orders” page of the “auction” dropdown on the BGS website.



9/23/2020, in General.
FAQ-34

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.



8/11/2020, in General.
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FAQ-33

The ACE BGS-RSCP Hourly Load and ACE BGS-RSCP Eligible Hourly Load files of the January 2020 update appear to be incomplete.  Can you please check?


Thank you for bringing this to our attention.  Updated BGS-RSCP and BGS-RSCP Eligible Hourly Load files were posted to the Monthly Data page of the BGS Data Room.



8/11/2020, in Data.
FAQ-32

How is BGS Load calculated?  Is there BGS Load data posted to the BGS Auction website?


Total BGS Load is zonal load (all customers) less (i) wholesale load; and (ii) load served by Third Party Suppliers. 

BGS Hourly Load data for each EDC, as well as a document describing the posted data, is made available on the monthly data page of the BGS Data Room.



8/11/2020, in Data.
FAQ-31

Could you please provide the firm transmission service rate announced before each of the last three Auctions?


The transmission rates announced before the past three Auctions are provided below.

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

  2020 2019 2018
PSE&G 378.41 286.87 277.25
JCP&L 70.52 66.02 68.69
ACE 153.89 147.33 139.62
RECO 116.57 116.57 122.74

 



8/11/2020, in Transmission.
FAQ-30

When does new data get posted to the BGS Data Room?  Is this the most up-to-date data or can preliminary data also be made available?


The BGS Data Room is updated by the 17th of each month.  The data provided in the BGS Data Room represents the most up-to-date data available that the EDCs are prepared to provide.



8/11/2020, in Data.
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FAQ-29

It seems that the PSE&G NSPL data provided for a day in January 2020 does not match the total retail transmission PLA provided in the Monthly Data Page of the BGS Data Room.  Can you confirm that the total retail transmission PLA data is correct?


Thank you for bringing this to our attention.  The Auction Manager has posted new files to the Monthly Data Page of the BGS Auction website:

PSE&G_Total_Retail_PLA_July_2020_Update
PSE&G_RSCP-Eligible_PLA_July_2020_Update
PSE&G_BGS_PLA_July_2020_Update
PSE&G_BGS-RSCP_PLA_July_2020_Update



8/11/2020, in Data.
FAQ-28

Where can I find which specific PJM TEC Upgrades associated with ConEd/HTP/Linden VFT are subject to dispute?  When will payments made to BGS Suppliers reflect these costs?


The cost allocations in dispute regarding specific PJM TEC Upgrades associated with ConEd/HTP/Linden VFTcan be found in the PJM compliance filings submitted in response to the respective FERC Orders associated with those disputes.

The payments made by PSE&G to BGS Suppliers will reflect cost reallocations from ConEd Wheel, Linden VFT, and Hudson Transmission Partners (“HTP”) upon approval by the FERC, in a Final FERC Order and not subject to refund,  or when PSE&G otherwise receives authorization from the New Jersey Board of Public Utilities (“Board”) to pay BGS Suppliers.

The transmission rate announced for PSE&G prior to the 2020 BGS Auctions does include the cost reallocations from ConEd Wheel, Linden VFT, and HTP.  As stated above, the portion of this announced transmission rate that corresponds to the cost reallocations from ConEd Wheel, Linden VFT, and HTP is currently being withheld from BGS Suppliers per applicable Board Orders.  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 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 currently being withheld from BGS Suppliers.  BGS Suppliers will be paid upon approval by the FERC, in a Final FERC Order and not subject to refund, or when the Board otherwise authorizes these EDCs to pay BGS suppliers.



8/11/2020, in Transmission.
FAQ-27

Could you please provide an estimate of the amount held in escrow for the benefit of BGS Suppliers related to the transmission cost reallocations from the ConEd Wheel, Linden VFT, and Hudson Transmission Partners (“HTP”)? 


The table below provides the amounts held by each EDC as of May 31, 2020 pertaining to: (i) the reallocation of costs due to the termination of a long-term firm point-to-point transmission service agreement between PJM Interconnection, LLC (“PJM”) and Consolidated Edison Company of New York, Inc. (“ConEd Wheel”); (ii) the reallocation of costs due to the conversion of Firm Transmission Withdrawal Rights (“FTWRs”) to Non-Firm FTWRs for both Hudson Transmission Partners (“HTP”) and Linden Variable Frequent Transformer Project (“Linden VFT”); and (iii) costs attributed to the implementation of the Yorktown Reliability Must Run (“RMR”) charge. JCP&L also includes amounts pertaining to the implementation of its formula rate.

EDC Amounts Held 2017 to May 31, 2020
PSE&G $120,245,541
JCP&L $1,371,162
ACE $454,379
RECO $3,896,704
TOTAL $125,967,786

 



8/11/2020, in Transmission.
FAQ-26

Could you please provide at least one year of historical data associated with the St. Lawrence project so that we can adjust the JCP&L Peak Load Allocations and other monthly data series?


The hourly load and peak load allocation values in the historical monthly data in the BGS Data Room for JCP&L are gross of the 10 MW allocation of the St Lawrence project received by JCP&L historically; the 10 MW associated with the St. Lawrence project has not been deducted from these monthly data series.  That is, the 10 MW from the St Lawrence project is already included in all historical monthly data series.



8/11/2020, in Data.
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FAQ-25

Can you please specify whether the NSPL values provided in FAQ-19 are scaled or unscaled?


The NSPL values provided for both ACE and PSE&G in FAQ-19 are already scaled.

The NSPL values provided for RECO have not been scaled.

The values provided for JCP&L for Total TPS, TPS CIEP Eligible, and TPS FP Eligible are already scaled.  The values provided for JCP&L for Total BGS, BGS-CIEP, and BGS-FP have not been scaled.  The Daily Zonal Scaling Factor for JCP&L is 1.020061.



8/11/2020, in Data.

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