FAQs
All FAQs
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FAQ-40:
Has the historical hourly energy data in the Data Room already been de-rated for marginal transmission losses by PJM?
The load data posted to the CBP website includes all transmission and distribution losses but has not been de-rated for marginal transmission losses.
04/20/2015 in Data
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FAQ-39:
Please provide the Auction Revenue Rights (“ARR”) paths for which ARR credits will be allocated in the new AEP Ohio Zone beginning June 2015?
This data will not be provided at this time.
04/20/2015 in Other/General , Data
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FAQ-38:
Is there an assigned expiry date for the Pre-Bid Letter of Credit? If we win tranches in the Auction, can we use the Pre-Bid Letter of Credit to post performance assurance?
The Pre-Bid Letter of Credit must have an expiry date no earlier than 60 calendar days after the date it is issued. The Pre-Bid Letter of Credit cannot be used to post the performance assurance required of Bidders who win supply in the Auction. If the Bidder is using a letter of credit to post performance assurance, the form of SSO Supplier Letter of Credit, which is provided as Attachment E to the Master Standard Service Offer (“SSO”) Supply Agreement, must be used. Please refer to Section 5.9 of the SSO Supply Agreement for more information regarding acceptable forms of performance assurance security.
04/17/2015 in CBP Rules , Credit
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FAQ-36:
If a bidder applied to rely on a foreign guarantor but cannot do so based on an assessment provided in the Part 1 Notification, what are the bidder's options for post-bid security if the bidder wins tranches in the Auction?
If the bidder cannot rely on its foreign guarantor, the bidder will be required to meet the creditworthiness requirements for the SSO Suppliers under section 5 of the Master SSO Supply Agreement in another way. As described in Section 5.9 of the Master Standard Service Offer (“SSO”) Supply Agreement, “Acceptable Forms of Security”, an SSO Supplier has the option to post either cash credited to a deposit account of AEP Ohio or a Letter of Credit in the form of the SSO Supplier Letter of Credit, which is provided as Attachment E to the SSO Supply Agreement, in order to satisfy post assurance collateral requirements.
04/17/2015 in CBP Rules , Supply Agreement
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FAQ-35:
Is the historical PLC and NSPL data provided in the Data Room adjusted by Daily Zonal Scaling Factors already? Can you provide historical Daily Zonal Scaling Factors for both the PLC an NSPL?
The Peak Load Contributions (PLC) and Network Transmission Service Peak Loads (NSPL) reflect actual values before application of the Daily Zonal Scaling Factors (DZSF). Historical DZSFs for AEP Ohio are not available since AEP Ohio has participated as a Fixed Resource Requirement (FRR) entity with PJM to fulfill capacity requirements, and will do so until May 31, 2015. DZSFs will be developed starting in June 2015. Please note that SSO suppliers are not responsible for Network Transmission Service, as indicated in “Attachment F” of AEP’s Master SOS Supply Agreement.
04/17/2015 in Data
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FAQ-34:
If two entities enter into a bidding agreement, joint venture for the purpose of bidding in the auction, bidding consortium, or other arrangement pertaining to bidding in the auction (an “Arrangement”), are these entities associated? If entities are associated with each other, are these entities automatically considered to be part of an Arrangement?
There is no necessary relationship between associations and an Arrangement with respect to the auction.
If two entities participate in an Arrangement, they are not necessarily associated. For two entities to be associated with one another, some degree of relationship through the corporate structure of the two entities is necessary. Separate entities that have no corporate ties could participate in an Arrangement to submit bids in the auction, each providing separate resources or expertise for participating in the auction (e.g., financial support from one entity and trading expertise from another). In that case, the entities participate in an Arrangement but they are not associated.
If two entities are associated, they are not necessarily part of an Arrangement. It is possible that two entities that are affiliated (and thus associated) would not know of each other’s plans to participate in the auction. Such entities may not be able (because one of the entities is regulated, for example) or may not be willing to collaborate in the submission of bids in the auction. In that case, the entities are not part of any sort of Arrangement but they are nevertheless associated.
04/16/2015 in CBP Rules
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FAQ-33:
Is there an assigned expiry date for the Pre-Bid Letter of Credit? If we win tranches in the Auction, can we use the Pre-Bid Letter of Credit to post performance assurance?
The Pre-Bid Letter of Credit must have an expiry date no earlier than 60 calendar days after the date it is issued. The Pre-Bid Letter of Credit cannot be used to post the performance assurance required of Bidders who win supply in the Auction. If the Bidder is using a letter of credit to post performance assurance, the form of SSO Supplier Letter of Credit, which is provided as Attachment E to the Master Standard Service Offer (“SSO”) Supply Agreement, must be used. Please refer to Section 5.9 of the SSO Supply Agreement for more information regarding acceptable forms of performance assurance security.
04/16/2015 in CBP Rules , Credit
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FAQ-32:
If a bidder applied to rely on a foreign guarantor but cannot do so based on an assessment provided in the Part 1 Notification, what are the bidder's options for post-bid security if the bidder wins tranches in the Auction?
If the bidder cannot rely on its foreign guarantor, the bidder will be required to meet the creditworthiness requirements for the SSO Suppliers under section 5 of the Master SSO Supply Agreement in another way. As described in Section 5.9 of the Master Standard Service Offer (“SSO”) Supply Agreement, “Acceptable Forms of Security”, an SSO Supplier has the option to post either cash credited to a deposit account of AEP Ohio or a Letter of Credit in the form of the SSO Supplier Letter of Credit, which is provided as Attachment E to the SSO Supply Agreement, in order to satisfy post assurance collateral requirements.
04/16/2015 in CBP Rules , Supply Agreement
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FAQ-30:
Is the historical PLC and NSPL data provided in the Data Room adjusted by Daily Zonal Scaling Factors already? Can you provide historical Daily Zonal Scaling Factors for both the PLC an NSPL?
The Peak Load Contributions (PLC) and Network Transmission Service Peak Loads (NSPL) reflect actual values before application of the Daily Zonal Scaling Factors (DZSF). Historical DZSFs for AEP Ohio are not available since AEP Ohio has participated as a Fixed Resource Requirement (FRR) entity with PJM to fulfill capacity requirements, and will do so until May 31, 2015. DZSFs will be developed starting in June 2015. Please note that SSO suppliers are not responsible for Network Transmission Service, as indicated in “Attachment F” of AEP’s Master SOS Supply Agreement.
04/16/2015 in Data
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FAQ-29:
We are planning to participate in the next AEP Ohio CBP auction. Would you have a form for a pre-bid letter of credit? Most agencies supply their own. Could you forward to us as soon as possible?
The Pre-Bid Letter of Credit for the 1st and 2nd ESPIII Auctions can be found on the AEP-Ohio CBP web site (aepohiocbp.com) by selecting “Information” from the right-hand side navigation bar and then “Documents”.
04/15/2015 in Credit
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