BGS Auction / Frequently Asked Questions / Topics

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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 as time permits.

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

Application (2)
Association and Confidential Information Rules (49)
Credit (1)
Data (2)
General (9)
Pre-Auction Security (3)
Rates (1)
Supplier Master Agreement (3)

General

FAQ-14.

How often is the Frequently Asked Questions (“FAQ”) section of the BGS Auction website updated?

Questions and responses are integrated into the Frequently... Read Answer

10/16/2023.

FAQ-13.

Where and when do you post the presentation slides and accompanying audio for the bidder information webcasts?

The presentation slides and accompanying audio for the... Read Answer

10/16/2023.

FAQ-12.

Is there a sealed bid round at the end of an auction? How is the target for an EDC filled if from one round to the next the target for an EDC goes from being oversubscribed to undersubscribed?

No. There is no sealed bid round at the end of an auction.... Read Answer

10/16/2023.

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... Read Answer

8/10/2023.

FAQ-5.

Are BGS suppliers paired with individual customers or with customers within an EDC’s subzone?

Each tranche represents a set percentage of BGS (BGS-RSCP... Read Answer

8/10/2023.

FAQ-4.

What is BGS?

“BGS” refers to Basic Generation Service, which... Read Answer

8/10/2023.

FAQ-3.

What is the primary function of the BGS Auction website?

While the BGS Auction website contains some general... Read Answer

8/10/2023.

FAQ-2.

How does the New Jersey Board of Public Utilities (“Board”) grant authority for BGS suppliers to sell full requirements supply to the EDCs?

The Board issues an Order at the conclusion of the Auction... Read Answer

8/10/2023.

FAQ-1.

When are the 2024 BGS Auctions expected to take place?

In response to a request by the New Jersey Board of Public... Read Answer

8/10/2023.

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