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FAQ-300:
Is there a product schedule available for future auctions?
On January 6, 2023, AEP Ohio filed an Application seeking to implement its fifth Electric Security Plan (“ESP V”) for a period to commence on June 1, 2024 (Case No. 23-23-EL-SSO). AEP Ohio included within its Application a proposed product schedule (see page 19 of the PDF here). On September 6, 2023, AEP Ohio and other parties to the proceeding filed a Joint Stipulation and Recommendation (“Stipulation”) recommending that the Public Utilities Commission of Ohio (“Commission”) approve AEP Ohio’s application as modified by the Stipulation. Among other things, the Stipulation modifies the term length of ESP V to commence on June 1, 2024 and continue through May 31, 2028 instead of commencing on June 1, 2024 and continuing through May 31, 2030 as proposed in AEP Ohio’s ESP V Application.As the Stipulation is still being considered by the Commission, a schedule of future auctions is not currently available. However, to ensure that its SSO obligation is met on and after June 1, 2024, on September 15, 2023, AEP Ohio filed a Motion for Interim Relief to conduct a November 2023 auction consistent with the competitive bidding process approved in AEP Ohio’s ESP IV (“Motion for Interim Relief”). The Motion for Interim Relief requested that AEP Ohio be able to hold a November 2023 auction and offer 50 tranches of a 12-month product with a supply term beginning June 1, 2024. Additionally, on December 21, 2023, AEP Ohio filed a Motion for Interim Relief to conduct a March 2024 auction consistent with the competitive bidding process approved in AEP Ohio’s ESP IV (“Second Motion for Interim Relief”). The Second Motion for Interim Relief requested that AEP Ohio be able to hold a March 2024 auction and offer 50 tranches of a 12-month product with a supply term beginning June 1, 2024.
The Commission issued an Entry approving these Motions for Interim Relief on September 20, 2023 and January 10, 2024, respectively. The November 2023 auction was held on November 28, 2023. The March 2024 auction will be held on March 5, 2024. The Commission Entries with additional background information is available on the Regulatory Background page of the CBP website here.
Revised 1/22/2024
09/28/2023 in Other/General
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FAQ-299:
When is data through March 2023 expected to be posted to the AEP CBP website?
The Data Room contains the most up-to-date information available for the data series that are updated monthly. The files available on the Data Room page are typically updated monthly, on or before the 20th of each month. The next data update is expected to occur on or before April 20, 2023 and will reflect data through January 2023. Data updated through March 2023 is expected to be made available on or before June 20, 2023.
04/11/2023 in Data
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FAQ-298:
Can AEP Ohio please describe current migration of SSO customers?
AEP Ohio does not provide load analysis or forecast for SSO customers or SSO Load. Each bidder is responsible for its own independent assessment of all sources of information that may be pertinent.
03/13/2023 in Data
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FAQ-297:
Can AEP Ohio please confirm the upcoming rate in cents/kwh based on the auction results?
This website is strictly to provide information regarding a competitive bidding process in which prospective suppliers can participate to provide electric service to AEP Ohio’s customers. For information on AEP Ohio’s residential rates and tariffs, we suggest that you visit AEP’s general website at: https://www.aepohio.com/account/bills/rates/
03/13/2023 in Other/General
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FAQ-296:
Can AEP Ohio provide an update to the aggregation data on the website?
AEP Ohio posted an updated AEP Government Aggregation file to the Data Room on March 6, 2023 (https://www.aepohiocbp.com/index.cfm?s=dataRoom&p=monthly). A new tab has been added with Billed kWh data for the months of October 2022 through February 2023. The customer count data on this tab has been updated as of February 2023. Please note that the billed kWh data for January and February 2023 reflects preliminary load data at this time as post-60 day settlement PJM data is not yet available for these months.The other tabs in this file have not been changed since the file was last posted on October 6, 2022. Information provided in FAQ-285 remains relevant to the data on tab ‘Oct 2021 - Sep 2022’.
03/06/2023 in Data
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FAQ-295:
Can AEP Ohio provide daily PLC data by customer group?
The Data Room contains the most up-to-date information available for the data series that are updated monthly. Historical hourly energy and monthly customer counts are reported at the aggregate AEP Ohio zone and provided in two files, one for SSO customers and one for CRES customers. Within each file, data is broken down into two customer groups, Residential and Commercial and Industrial ("C&I"). Detailed PLC and NSPL data by customer group are not available. A change in the way that the PLC, NSPL, Hourly Energy, Customer Count, and Switching data is reported in the Data Room will not be made at this time.
02/28/2023 in Data
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FAQ-294:
Will the Auction Manager review additional proposed modifications to the pre-bid letter of credit during the Part 2 Application window?
Requested modifications to the Pre-Bid Letter of Credit are considered during the Part 1 Application process. During the Part 2 Application window, please kindly refer to the final list of acceptable modifications to the Pre-Bid Security Documents available on the Information - Documents page of the CBP website to check that the modifications to the standard format made by your bank are all on the list of modifications that are acceptable to AEP Ohio.You must either use the standard form of the Pre-Bid Letter of Credit posted to the Information - Documents page or incorporate only those modifications to the Pre-Bid Letter of Credit found acceptable by AEP Ohio and posted to the CBP website. The Pre-Bid Letter of Credit is electronic only. The original pre-bid letter of credit must be sent via electronic means only to the Auction Manager at AEP-CBP@nera.com. No hardcopy original should be sent.
Revised 2/14/2024
02/14/2023 in Credit
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FAQ-293:
Although the pre-bid letter of credit is electronic only, our bank requires a physical address for the beneficiary to be able to issue the pre-bid letter of credit. Can you please provide an address for the beneficiary?
Please see acceptable modification B.5 of the final list of acceptable modifications to the pre-bid letter of credit available here. Acceptable modification B.5 is provided below. Please note that you must either use the standard form of the pre-bid letter of credit or incorporate only those modifications to the pre-bid letter of credit found acceptable by AEP Ohio and posted to the CBP website. The pre-bid letter of credit is electronic only. The original pre-bid letter of credit must be sent via electronic means only to the Auction Manager at AEP-CBP@nera.com. No hardcopy original should be sent.Acceptable Modification B.5:
Letter of Credit No. _______________
To: Ohio Power Company, an Ohio corporation (“AEP Ohio”)
1 Riverside Plaza, 27th Floor
Columbus, Ohio 43215
c/o National Economic Research Associates, Inc. (“NERA”)
Auction Manager
Via email: AEP-CBP@nera.com
02/13/2023 in Credit
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FAQ-292:
Has AEP Ohio filed a response to the September 7, 2022 Commission Entry in Case No. 00-2317-EL-GAG for a “minimum stay” term related to government aggregation?
Each bidder is responsible for its own independent assessment of all sources of information that may be pertinent and is responsible for making all investigations it deems necessary or advisable in its sole discretion before deciding to participate in any auction under AEP Ohio’s CBP.The Public Utilities Commission of Ohio’s (“Commission’s”) September 7, 2022 Entry in Case No. 00-2317-EL-GAG (available here: https://dis.puc.state.oh.us/ViewImage.aspx?CMID=A1001001A22I07B40751C01642) directed the EDUs to work with Commission Staff “to develop proposed amendments to their respective supplier tariffs providing for a ‘minimum stay’ to prevent governmental aggregators from prematurely returning customers to default service and then, within an unreasonable short time, reenrolling such customers in a new aggregation program”. AEP Ohio filed an “Application Not for an Increase in Rates” in response to the Commission’s September 7th Entry on December 8, 2022, which includes proposed new language to the Company’s Terms and Conditions (available here: https://dis.puc.state.oh.us/ViewImage.aspx?CMID=A1001001A22L08B61405G01644 in Case No. 22-1140-EL-ATA).
01/06/2023 in Other/General
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FAQ-291:
When is data through October 2022 expected to be posted to the AEP CBP website?
The Data Room contains the most up-to-date information available for the data series that are updated monthly. The files available on the Data Room page are typically updated monthly, on or before the 20th of each month. As such, data updated through October 2022 is expected to be made available on or before January 20, 2023.
11/28/2022 in Data
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