BGS Auction brandmark
Search:
 
Frequently Asked Questions - Topics - Supplier Master Agreement

Do you have a question? Click here.

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 as time permits.

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

 
Application (13)
Association and Confidential Information Rules (51)
Auction Rules (4)
Data (15)
General (19)
Pre-Auction Security (13)
Rates (2)
Renewable Portfolio Standards (2)
Supplier Master Agreement  (9)

Supplier Master Agreement

FAQ-122

Can you please describe the collateral requirements under the BGS-RSCP Supplier Master Agreement if we are to win in the upcoming BGS-RSCP Auction?


BGS-RSCP Suppliers that meet certain criteria defined in... Read Answer

1/15/2026.


FAQ-115

The Board Order Approving the 2026 BGS Auction Process references RECs associated with non-utility generation being credited to BGS Suppliers through the EDCs. Do the EDCs currently have RECs though non-utility generation supplies that will be allocated to winning BGS Suppliers?


The referenced text from the November 21, 2025 Board Order... Read Answer

1/12/2026.


FAQ-88

Does the New Jersey Board of Public Utilities (“Board”) need to approve any assignments of the BGS Supplier Master Agreements?


Assignment is possible under Section 15.3 of the BGS... Read Answer

12/11/2025.


FAQ-26

We are currently serving tranches. If we have a Guaranty in place with an EDC, can we use it to cover any tranches won during the upcoming BGS Auctions?


A BGS Supplier that is currently serving tranches (won in a... Read Answer

11/3/2025.


FAQ-25

Can you let us know the status of our Post-Auction Letter of Credit?


Winning Bidders in the BGS-CIEP or BGS-RSCP Auction may... Read Answer

11/3/2025.


FAQ-23

Are winning BGS suppliers responsible for the new PJM Billing Statement Line Items associated with the Department of Energy's (“DOE’s”) emergency order under Section 202(c) of the Federal Power Act (“FPA”)?


The EDCs addressed the treatment of the new PJM Billing... Read Answer

10/17/2025.


FAQ-22

What is the EDCs' proposed method for determining Capacity Proxy Prices? Can you please also summarize the Capacity Proxy Price process, generally?


As described in the EDCs’ Proposal for Basic... Read Answer

10/17/2025.


FAQ-16

Are redlines available between the final 2025 Supplier Master Agreements (“SMAs”) and the provisional 2026 SMAs?


The BGS Auction Manager has made available redlines between... Read Answer

8/12/2025.


FAQ-9

When do we need to sign the applicable Supplier Master Agreements if we win tranches in the BGS Auctions?


As stated in section VI.D. of the BGS-CIEP Rules and... Read Answer

8/12/2025.


Back to Top

What's New
Privacy Policy