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Frequently Asked Questions - Topics - Credit

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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.

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Credit (3)
Data (4)
General (8)
Rates (1)
Renewable Portfolio Standards (1)
Supplier Master Agreement  (4)

Credit
FAQ-15. 

Is accounts payable netted out of the Mark-to-Market Exposure Amount for purposes of calculating the Total Exposure Amount?

Yes. The Total Exposure Amount (“TEA”) reflects... Read Answer

8/20/2024.
FAQ-13. 

Can you please send recent price curves that have been used to calculate mark-to-market exposure amounts?

The data you request is not available. However, please find... Read Answer

8/13/2024.
FAQ-12. 

If we are awarded tranches in a BGS Auction, when must we meet the credit requirements of the BGS Supplier Master Agreement?

The New Jersey Board of Public Utilities... Read Answer

8/13/2024.
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