BGS Auction brandmark
Search:
 
Frequently Asked Questions - All, sorted by number

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.

 

Go to page: Previous  1(newest)  2  3  4  5(oldest)  Next 

FAQ-26

Will the transfer of responsibility from BGS Suppliers to the EDCs of Unaccounted for Energy (“UFE”), meter corrections, and inadvertent energy impact the process to establish Peak Load Contribution (“PLC”) or Network Service Peak Load (“NSPL”) values?


PLC and NSPL values are established by PJM, and not the EDCs.  The transfer of responsibility from BGS Suppliers to the EDCs of UFE, meter corrections, and inadvertent energy will not affect PJM’s process or calculations.



9/3/2021, in Data.
FAQ-25

Could you please provide historical data relating to Unaccounted for Energy (“UFE”) , meter corrections, and inadvertent energy?


Please refer to BGS Data Discovery Responses RCR-BGS-0009 and RCR-BGS-0012 on the Additional Data page on BGS-Auction.com for data regarding UFE, meter corrections, and inadvertent energy for Energy Years 2019-2021.  Please note that RECO currently does not have this data readily available.



9/3/2021, in Data.
FAQ-24

The metered hourly load data reported by PJM does not seem to match the “Total Retail Hourly Load” data posted to the monthly data room on the BGS Auction website. Can you please explain why these datasets do not exactly equal one another?


The two datasets you reference are not equivalent datasets. The “Total Retail Hourly Load” data that is available on the Monthly Data page of the bgs-auction.com website reflects Zonal load (all customers) less wholesale customer load. The data you describe from the PJM website reflects the total hourly load for all suppliers in the Zone, including wholesale municipalities.



9/1/2021, in Data.
Back to Top
FAQ-23

Are redlines available between the final 2021 Supplier Master Agreements (“SMAs”) and the provisional 2022 SMAs?


The BGS Auction Manager has made available redlines between the Final 2021 BGS-CIEP and BGS-RSCP SMAs and the SMAs filed as part of the EDCs’ Proposal for the provision of Basic Generation Service for the period beginning June 1, 2022.  The redlines are available on the Contract and Credit page of the the “bidder info” tab of the BGS Auction website.



8/12/2021, in Supplier Master Agreement .
FAQ-22

Are historical versions of the BGS-RSCP Pricing Factors available?


The BGS-RSCP Pricing Factor spreadsheets are provided each year by the EDCs for the upcoming BGS Auction.  Historical Pricing Factor spreadsheets are not made available.



8/12/2021, in Data.
FAQ-21

I noticed that JCP&L’s Daily Zonal Scaling Factor data increased beginning in 2021.  Are you able to provide an explanation for this change?


The scaling factor increase is due to a Power Meter error. The PJM zonal target was adjusted after customer tickets were calculated, leading to a higher daily zonal scaling factor.



8/12/2021, in Data.
FAQ-20

I see in the Data Description Document on the Monthly Data page that JCP&L has historical BGS-CIEP Eligible Hourly Load data.  Could you please refer me to the file that contains this data?


The GS and GST historical hourly load datasets for JCP&L can be found in the “2 JCP&L_BGS-CIEP_Eligible_Customers_Hourly_Load_ARCHIVED_09-17-2020” spreadsheet in JCP&L’s “Additional Data Prior to June 2017” zip file.  Please note the GS & GST customer class has various subclasses based on size and some subclasses contain different historical time horizons.



8/12/2021, in Data.
Back to Top
FAQ-19

When is the deadline for initial comments to the EDCs’ 2022 BGS Proposal?


The deadline for initial comments on the EDCs’ 2022 BGS Proposal is September 03, 2021.  The full BGS Calendar can be found here.



8/12/2021, in General.
FAQ-18

Are contracts executed between municipalities and Third Party Suppliers (“TPSs”) pursuant to a Government Energy Aggregation (“GEA”) Program filed with the New Jersey Board of Public Utilities (“Board”)? Are these publicly available?


Yes, contracts executed between municipalities and TPSs as part of GEA Programs must be submitted to the Board, the Division of Rate Counsel, and the Division of Consumer affairs.  We are not aware of a publicly available source for these contracts.  All data relating to GEA Programs that the EDCs maintain is provided in the “EDC Municipal Aggregation Enrollment” file posted to the Additional Data page of the BGS Data Room.

Please see the link below for a summary document of New Jersey Government Energy Aggregation provided on the Board’s web site.

http://www.nj.gov/bpu/pdf/energy/NJ_Gov_Energy_Aggregation_Summary.pdf



8/12/2021, in Data.
FAQ-17

Are the Peak Load Allocation (“PLA”) and Network Service Peak Load (“NSPL”) data in the BGS Data Room scaled or un-scaled?


Please see the data description document on the monthly data page of the BGS Data Room (here). 

All Capacity PLA data for PSE&G, ACE, and RECO are not scaled and should be adjusted by the applicable Daily Zonal Scaling Factor. The transmission NSPL values are already scaled for PSE&G, ACE, and RECO, and do not need to be adjusted. The values for both Capacity PLA data and transmission NSPL data within the following files for JCP&L are already scaled and do not need to be adjusted by the applicable Daily Zonal Scaling Factors: Total Retail PLA, BGS-CIEP Eligible PLA, and BGS-RSCP Eligible PLA. Starting June 1, 2017, the capacity PLA data and transmission NSPL values for JCP&L within the following files, are not scaled and should be adjusted by the applicable Daily Zonal Scaling Factors: Total BGS PLA, BGS-CIEP PLA, and BGS-RSCP PLA. Capacity PLA and transmission NSPL values for all JCP&L data prior to June 1, 2017 are already scaled and do not need to be adjusted.



8/12/2021, in Data.
FAQ-16

Can we use Transition Renewable Energy Credits (“TRECs”) from the Transition Incentive Program to meet our Solar RPS obligations or our Class I RPS obligations?


Please see FAQ-9.  Load Serving Entities (“LSEs”) in New Jersey are responsible for meeting TREC obligations; however, LSEs (including BGS suppliers) are not responsible for purchasing TRECs to satisfy TREC obligations.  In its December 6, 2019 Order, the New Jersey Board of Public Utilities (“Board”) directed the EDCs to work with Board Staff to jointly procure a TREC Administrator. The Board further ordered the EDCs’ TREC Administrator to use the GATS system to purchase all TRECs produced each year by eligible projects and then to allocate TRECs to Load Serving Entities (“LSEs”) based on market share of retail sales for retirement within the GATS system as part of the annual RPS compliance process.

The TI-RPS is a separate obligation from the solar RPS obligations under New Jersey’s RPS and cannot be used to fulfill a BGS Supplier’s solar RPS obligations.  However, the TI-RPS is a carve-out to the existing Class I REC requirement, meaning that TRECs reduce the amount of Class I RECs required on a one-to-one basis. 

New Jersey’s Clean Energy Program provides FAQs regarding New Jersey’s Transition Incentive Program here



8/12/2021, in Supplier Master Agreement .
Back to Top
FAQ-15

Does security need to be provided under the terms of the BGS Supplier Master Agreement to cover a BGS Supplier’s Renewable Energy Portfolio Standards (“RPS”) obligations?


There is no security that must be provided under the terms of the BGS Supplier Master Agreement to cover a BGS Supplier’s obligations under the RPS.



8/12/2021, in Supplier Master Agreement .
FAQ-14

Are the NSPL values provided for a day in January in FAQ-10 scaled? 


The NSPL values provided for both ACE and PSE&G in FAQ-10 are already scaled.

The values provided for JCP&L for Total TPS, CIEP Eligible, and RSCP Eligible are already scaled.  The values provided for JCP&L for Total BGS, BGS-CIEP, and BGS-RSCP have not been scaled.

The NSPL values provided for RECO have not been scaled.



8/12/2021, in Data.
FAQ-13

What were the tranche fees for the 2021 Auctions?


The tranches fees for the 2021 Auctions were $23,300 per BGS-CIEP tranche and $27,800 per BGS-RSCP tranche.



8/12/2021, in General.
FAQ-12

Does a BGS-RSCP Supplier have to put up liquid security to meet the $2.4M per tranche won?


BGS-RSCP Suppliers that meet certain criteria defined in Section 6.4 of the BGS-RSCP SMA will be granted an Independent Credit Threshold (“ICT”). The ICT is used by the BGS-RSCP Supplier to partially or fully cover the Independent Credit Requirement (“ICR”), which is calculated by multiplying the BGS-RSCP number of tranches by the Independent Credit Requirement per Tranche (“ICRT”). The ICRT is initially set at $2.4 million per tranche.  However, the ICRT declines in accordance with the schedule included as part of Appendix B to the BGS-RSCP SMA throughout the term of the supply period. 



8/12/2021, in Credit.
Back to Top
FAQ-11

Who should be named in a Bid Bond for purposes of posting Pre-Auction Security?


A Bid Bond is issued by a Surety on behalf of a Principal. The Bidder is defined as the Principal in the Bid Bond.



8/12/2021, in Pre-Auction Security.
FAQ-10

Can you please provide NSPL data for each EDC for a day in January 2021?


Please find below NSPL data for each EDC for a day in January 2021.

PSE&G BGS NSPL MW (01/10/2021)

Total TPS

3,025.90

Total BGS

6,481.30

TPS CIEP

1,331.30

BGS CIEP

392.40

TPS RSCP

1,694.60

BGS RSCP

6,088.90

JCP&L BGS NSPL MW (01/01/2021)

Total TPS

                                  5,758.1

Total BGS

                                  3,367.4

TPS CIEP Eligible

                                     794.8

BGS-CIEP

                                       88.3

TPS RSCP Eligible

                                  4,963.3

BGS-RSCP

                                  3,279.1

ACE BGS NSPL MW (01/20/2021)

Total TPS

                                     790.3

Total Eligible

                                  2,508.6

CIEP Eligible

                                     314.2

BGS-CIEP

                                       59.4

RSCP Eligible

                                  2,194.4

BGS-RSCP

                                  1,658.9

RECO BGS NSPL MW (1/05/2021)

Total TPS

                                     113.3

Total BGS

                                     333.1

CIEP Eligible

                                       54.8

BGS-CIEP

                                         7.4

RSCP Eligible

                                     391.5

BGS-RSCP

                                     325.6

 



8/12/2021, in Data.
FAQ-9

Are TREC obligations the responsibility of the BGS Suppliers or EDCs?  Does this impact a BGS Supplier’s solar obligations under the Renewable Portfolio Standards?


Load Serving Entities (“LSEs”) in New Jersey are responsible for meeting TREC obligations; however, LSEs (including BGS suppliers) are not responsible for purchasing TRECs to satisfy TREC obligations.  In its December 6, 2019 Order, the New Jersey Board of Public Utilities (“Board”) directed the EDCs to work with Board Staff to jointly procure a TREC Administrator. The Board further ordered the EDCs’ TREC Administrator to use the GATS system to purchase all TRECs produced each year by eligible projects and then to allocate TRECs to Load Serving Entities (“LSEs”) based on market share of retail sales for retirement within the GATS system as part of the annual RPS compliance process.

The Transition Incentive Renewable Portfolio Standards (“TI-RPS”) is a separate obligation from the solar RPS obligations under New Jersey’s RPS and does not affect BGS Suppliers’ solar RPS obligations.   

Additional information on New Jersey’s Transition Incentive Program can be found here.



8/12/2021, in Data.
FAQ-8

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.



8/12/2021, in General.
Back to Top
FAQ-7

Is the hourly load data reported in Eastern Standard Time or Eastern Prevailing Time?


The data in the BGS Data Room is reported in Eastern Prevailing Time (“EPT”).



8/12/2021, in Data.

Go to page: Previous  1(newest)  2  3  4  5(oldest)  Next 

Back to Top

What's New