FAQs
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FAQ-289:
When and how are credit-based tranche caps determined and can we provide any updated or additional information after the Part 1 Application deadlines pass to change the credit-based tranche cap assigned to the bidder (or the bidder’s guarantor)?
The Bidding Rules for the Auctions Under the Competitive Bidding Process of Ohio Power Company (“CBP Rules”) govern the application process for the Auctions for SSO Supply held under AEP Ohio’s Electric Security Plan IV. The CBP Rules are available on the Documents page under the heading “Auction Documents”. The credit-based tranche cap is set in accordance with Paragraph IV.1.2 of the CBP Rules, which states that the financial information provided in the Part 1 Application will be used to determine the credit-based tranche cap for the bidder (or the bidder’s guarantor). In particular, the credit-based tranche cap is determined based on the credit ratings available for the bidder (or the bidder’s guarantor) in accordance with Table 2 of the CBP Rules.In the Part 1 Application, an Applicant must select whether the Applicant is relying on its own financial standing or relying on the financial standing of a Guarantor and must provide financial and credit information for the entity selected for purposes of a creditworthiness evaluation. Once the deadlines related to the Part 1 Application have passed this selection can no longer be changed for purposes of the bidding process.
10/18/2022 in CBP Rules , Credit
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FAQ-288:
Will an SSO Supplier under AEP Ohio’s ESP IV that has won tranches and executed the Master SSO Supply Agreement in a previous auction be required to execute a new Master SSO Supply Agreement should that SSO Supplier win tranches in the upcoming November 2022 Auction?
Under the CBP approved by the Commission as part of AEP Ohio’s ESP IV, a bidder must execute a new Master SSO Supply Agreement each time a bidder wins tranches in an auction under that ESP (assuming that the Commission accepts the results of the auction). A bidder may not amend an existing Master SSO Supply Agreement to reflect a bidder’s new or additional obligations.
10/04/2022 in Supply Agreement
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FAQ-287:
Will the load of Percentage of Income Payment Plan (“PIPP”) customers be included in the obligation for the SSO Load procured in the November 2022 Auction for delivery year 2023/24?
Please see paragraph I.1.4 of the CBP Rules, which states “As a result of the Commission’s Order in Case No. 16-247-EL-UNC issued on March 2, 2016, AEP Ohio removed the load of Percentage of Income Payment Plan customers (“PIPP Customers”) from the SSO auction product starting with the fourth auction of AEP Ohio’s CBP under ESP III.”
10/04/2022 in Other/General , CBP Rules
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FAQ-286:
Please provide hourly load, PLC, NSPL, and customer counts data for the communities served by the Northeast Ohio Public Energy Council (“NOPEC”).
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. The Data Room contains the most up-to-date information available for the data series that are updated monthly. A change in the way that the PLC, NSPL, Hourly Energy, and Customer Count data is reported in the Data Room will not be made at this time.Please see response to FAQ-285.
09/30/2022 in Data
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FAQ-285:
Can AEP Ohio provide aggregation data or other general information regarding the recent announcement by the Northeast Ohio Public Energy Council (“NOPEC”) to return customers to SSO? Can AEP Ohio identify which communities within the AEP Ohio territory will be affected?
AEP Ohio makes available on an occasional basis data regarding municipal aggregation (https://www.aepohiocbp.com/index.cfm?s=dataRoom&p=monthly). The most recent AEP Ohio Aggregation file posted to the Data Room on the website reflects billed load and customer data as of 9/30/2022. The billed load data for August and September 2022 reflects preliminary load data at this time as post-60 day settlement PJM data is not yet available for these months and therefore would not reflect the load transfer from the NOPEC program back to SSO in these months. Given the ongoing proceeding related to the NOPEC program, AEP Ohio has decided to provide the names of the two Municipalities (the City of Lancaster - Fairfield County and the City of Tiffin) that are included as part of the transfer.Please see Docket No. 00-2317-EL-GAG for additional information related to NOPEC’s Notice of Material Change. This information is available here: https://dis.puc.state.oh.us/CaseRecord.aspx?CaseNo=00-2317&x=0&y=0
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 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.
Revised 10/18/2022
09/30/2022 in Other/General
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FAQ-284:
Can AEP Ohio please describe migration of SSO customers by customer group over the last year?
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 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.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. The Data Room contains the most up-to-date information available for the data series that are updated monthly. 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.
09/30/2022 in Data
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FAQ-283:
Please provide hourly load, PLC, NSPL, and customer counts data by customer groups.
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. The Data Room contains the most up-to-date information available for the data series that are updated monthly. A change in the way that the PLC, NSPL, Hourly Energy, and Customer Count data is reported in the Data Room will not be made at this time.
09/30/2022 in Data
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FAQ-282:
Which previously submitted documentation and information for the Part 1 Application is retained by the Auction Manager for bidders that have qualified in a prior Auction under this CBP?
All Applicants, both new bidders and those bidders that have qualified in a prior Auction under this CBP, must complete the Part 1 Application in its entirety. This consists of completing the online Part 1 Form and uploading to the online Part 1 Form any required documents and Inserts. Additional information surrounding the requirements of the Part 1 Application can be found in Article IV of the CBP Rules.Previously submitted documentation and information related to an Applicant’s Legal Representative in Ohio, including the Legal Representative Insert (#P1-4), is retained for bidders that have qualified in a prior auction under this CBP for AEP Ohio. However, if the name of the Applicant’s Legal Representative in Ohio does not match the documentation and information retained by the Auction Manager, the Auction Manager will require additional information from the Bidder. Additionally, previously submitted information and documentation demonstrating that the Applicant is qualified by a PJM as a “Market Buyer” and “Market Seller” and a PJM “Load Serving Entity is also retained for returning bidders. However, if the Applicant has more recent documentation related to its status with PJM, the Applicant must provide such documentation.
09/27/2022 in Applications
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FAQ-281:
How much pre-bid security is required to participate in the auction?
Each Qualified Bidder must post pre-bid security sufficient to support its indicative offer at the maximum starting price. For the November 2022 auction, a bidder must provide a pre-bid letter of credit or cash in an amount of $500,000 per tranche of the bidder’s indicative offer at the maximum starting price. No additional pre-bid security is required for the November 2022 auction.
09/22/2022 in Applications
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FAQ-280:
What is the contingency plan if an auction fails to procure all available tranches in an auction?
The contingency plan is provided in Article IX of the CBP rules.If an auction fails to procure all needed SSO Supply, the unfilled tranches will be offered in the next auction under the CBP. If the delivery period for the unfilled tranches starts prior to the next scheduled auction under the CBP, AEP Ohio will procure SSO Supply in PJM administered markets. In that case, AEP Ohio will procure such SSO Supply from the start of the delivery period until the last day of the month after the month during which the auction in which the unfilled tranches are offered is held.
If unfilled tranches are re-bid in an auction, and they remain unfilled after being offered at auction a second time, AEP Ohio will procure SSO Supply in PJM-administered markets for the remainder of the delivery period of the unfilled tranches.
09/22/2022 in Other/General , CBP Rules
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