FAQs
Supply Agreement
< Previous | Showing 41 to 46 | Next > | << Back to FAQ Categories
-
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 Supply Agreement
-
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 Supply Agreement
-
FAQ-27:
Do load volumes posted to the AEP-Ohio CBP Data Room, which include distribution and transmission, represent the quantity PJM uses to establish payment to SSO Suppliers?
PJM’s settlement values will be de-rated for the marginal transmission losses that are already accounted for in PJM’s Locational Marginal Prices (LMPs). Historical deration factors are available on the PJM InSchedule in the reporting tools section.
04/13/2015 in Supply Agreement
-
FAQ-21:
How is the Standard Offer Service (SSO) supplier's portion of the load transferred to the supplier's settlement account?
The Electric Distribution Company (EDC) will provide, on a daily basis, the SSO supplier’s load-share to the PJM eSuite subaccount designated by that supplier. The supplier will schedule SSO Supply pursuant to Section 4.1(a) of the Master SSO Supply Agreement using the InSchedule Contract ID as confirmed with the EDC.
04/13/2015 in Supply Agreement
-
FAQ-11:
Is there a list of acceptable changes to the Form of SSO Supplier Letter of Credit? If so, can you please post it on the CBP website?
Applicants may request modifications to the standard forms of the pre-bid letter of credit, the letter of intent to provide a guaranty, or the letter of reference ("Standard Pre-Bid Security Documents") that are non-material in nature, or that are advantageous to both AEP Ohio and the Applicant. There is no list of acceptable modifications to the Form of SSO Supplier Letter of Credit (Attachment E to the Master SSO Supply Agreement) because this is a "post-bid" credit instrument that is not subject to this comment process. The standard form of the SSO Supplier Letter of Credit provided as Attachment E to the Master SSO Supply Agreement is acceptable to AEP Ohio.
03/31/2015 in Supply Agreement
-
FAQ-5:
What is the name of the pricing point with the Pnode ID 1269364670?
The name of the pricing point with the Pnode ID 1269364670 is AEPOHIO_RESID_AGG. For more information, please see PJM's website:
03/27/2015 in Supply Agreement
-
FAQ-3:
Are SSO Suppliers responsible for complying with Ohio's the Renewable Energy Portfolio Standard?
No. Paragraph 3.2 (f) of the Master SSO Supply Agreement states that: "AEP Ohio will be responsible, at its sole cost and expense, for the provision of any renewable energy resource requirement as set forth in Ohio Rev. Code Ann. Sections 4928.64 and 4928.65 and regulations promulgated in respect thereto." This same statement is also provided in the recitals on the first page of the Master SSO Supply Agreement.
03/27/2015 in Supply Agreement
< Previous | Showing 41 to 46 | Next > | << Back to FAQ Categories