Important Dates:

• Wed 9/10/2025 - Bidder Information Session
• Wed 9/10/2025 - Auction Manager announces tranche targets, tranche size, MW-measure
• Mon 9/22/2025 - Auction Manager announces minimum and maximum starting prices
• Mon 9/22/2025 - Part 1 Window opens
• Thu 10/2/2025 - Part 1 Applications are due

Recent Announcements:

• 10/08/2025 - ANNOUNCEMENT: Government Aggregation Data Posted
• 10/08/2025 - ANNOUNCEMENT: Estimated MW-Measure and Seasonal Factors
• 10/08/2025 - ANNOUNCEMENT: The Part 2 Window for the November 2025 Auction under AEP Ohio’s CBP is now open!

FAQs

Applications

< Previous | Showing 1 to 10 | Next > | << Back to FAQ Categories

• FAQ-327:
  In the Part 1 Application, can the Chief Accounting Officer make the attestation that the most recent unaudited financial information submitted is true, correct and a fair representation of the Entity’s financial condition?
  
  The attestation should be made by the Applicant's Chief Financial Officer. If the Applicant does not have a Chief Financial Officer than the Chief Accounting Officer, a similar position is acceptable. The Chief Accounting Officer must be able to attest that the information submitted is true, correct and a fair representation of the Entity’s financial condition.
  
  10/03/2025 in Applications
  
  
• FAQ-326:
  Can the officer of the Applicant designate themselves as the Applicant’s Representative?
  
  An officer or director of the Applicant must designate the Applicant’s Representative by completing the Representative Designation Insert. The certification must be signed by an officer or director. The officer or director making this certification cannot be the Applicant’s Representative or any of the nominees. 
  
  10/01/2025 in Applications
  
  
• FAQ-324:
  Are Applicants required to provide annual and quarterly financial information in their Part 1 Applications for the Entity on whose financial standing they are relying?
  
  Yes, the Second Item of Section 1.6 of the online Part 1 Form requires Applicants to upload annual and quarterly financial information, if it is available, for the Entity on whose financial standing they are relying. Financial and credit information submitted (if available) with the Part 1 Application will be provided on a confidential basis to representatives of AEP Ohio for a creditworthiness assessment. We note that individuals from AEP Ohio as well as the Auction Manager Team who are involved with the conduct and management of the auction process and who will have access to confidential information including the financial information provided by bidders with the Part 1 Application sign the acknowledgment and confidentiality agreement provided as part of the Communication Protocols posted to the Documents page of the CBP website.
  If available, the Applicant is required to upload the Entity’s most recent SEC Form 10-K or, if an SEC Form 10-K is not available, the most recent audited annual financial information (including a balance sheet, income statement, and cash flow statement). If this annual financial information is not available, the Applicant may indicate this by checking “No” in the space provided for this purpose in the Second Item of Section 1.6 of the online Part 1 Form to indicate that annual financial data is not available for the Entity.
   
  Similarly, if available, the Applicant is required to upload the Entity’s most recent SEC Form 10-Q or, if an SEC Form 10-Q is not available, the most recent audited quarterly financial information (including a balance sheet, income statement, and cash flow statement). If both an SEC Form 10-Q and audited quarterly financial information are not available, the Applicant must provide the most recent quarterly or monthly financial data accompanied by an attestation by the Entity’s Chief Financial Officer that the information submitted is true, correct and a fair representation of the Entity’s financial condition. If none of this quarterly financial information is available, the Applicant may indicate this by checking “No” in the space provided for this purpose in the Second Item of Section 1.6 of the online Part 1 Form to indicate that quarterly financial data is not available for the Entity.
   
  09/29/2025 in Applications
  
  
• FAQ-323:
  What certifications must a bidder make in its Part 1 and Part 2 Applications to be able to participate in the auction?
  
  The requirements of the Part 1 and Part 2 Applications are described in Section IV of the CBP Rules.
  In the Part 1 Application, an interested party applies to become a Qualified Bidder. In the Part 1 Application, a bidder must:
  • Submit an application from an individual with the power to bind the bidder;
  • Agree to comply with all rules of the auction;
  • Agree that if the bidder wins at the auction, the bidder will execute the Master SSO Supply Agreement with AEP Ohio and comply with the creditworthiness requirements set forth in the Master SSO Supply Agreement within three (3) days of acceptance of the auction results by the Commission;
  • Show that the bidder is qualified by PJM as a Market Buyer, a Market Seller, and a PJM LSE (or, if not, certify that there exist no impediments to fulfilling these requirements by the start of the delivery period and undertake to do so if the bidder becomes an SSO Supplier);
  • Certify that if the bidder becomes a Qualified Bidder, it will not disclose information regarding the list of Qualified Bidders or confidential information that may be obtained during the bidding process about Qualified Bidders;
  • Provide financial statements and credit ratings or state that such information is not available; and
  • Certify that if the bidder becomes a Qualified Bidder, it will not substitute another entity in its place, transfer its rights to another entity, or otherwise assign its status as a Qualified Bidder to another entity.
  The Auction Manager sends the “Part 1 Notification” to bidders that have met all the requirements to become a Qualified Bidder.  With the Part 1 Notification, the Auction Manager will send to each Qualified Bidder a list of Qualified Bidders.  A Qualified Bidder must successfully complete the Part 2 Application process in order to become a Registered Bidder that can bid in the auction. Only Qualified Bidders may submit a Part 2 Application.
   
  In the Part 2 Application, each Qualified Bidder must:
  • Submit an indicative offer;
  • Submit a preliminary interest in each product when there are several products in the auction; and
  • Post pre-bid security sufficient to support its indicative offer at the maximum starting price.
  In the Part 2 Application, each Qualified Bidder will make a number of certifications regarding associations to ensure that the bidder is participating independently of other Qualified Bidders and to ensure the confidentiality of information regarding the auction. Each Qualified Bidder will be asked to certify that it will undertake to appropriately restrict its disclosure of Confidential Information Relative to Bidding Strategy and Confidential Information Regarding the Auction, as defined in the CBP Rules. A Qualified Bidder also will be asked to certify that it has not and will not come to any agreement with another Qualified Bidder with respect to bidding in the auction.  These certifications are also more thoroughly provided in Section X of the CBP Rules. Qualified Bidders that are unable to make all these certifications may be required to make additional undertakings and may be subject to specific rules regarding the load caps, as specified more fully in the Rules and Protocols for Participation by Associated Bidders.
   
   
  09/26/2025 in Applications
  
  
• FAQ-321:
  Does the Applicant's Legal Representative need to have an address in Ohio? 
  
  The Applicant’s Legal Representative in Ohio:
  • must be either legal counsel or a representative agent;
  • must have an address in Ohio; and
  • must be authorized and agree to accept service process on Applicant’s behalf.
  In the Part 1 Application an Applicant will be asked to provide contact information, including an address, for the legal counsel or representative agent named as the Applicant's Legal Representative in Ohio and to complete the Legal Representative Insert (#P1-4). In the Legal Representative Insert (#P1-4), the Applicant’s Legal Representative identified in the form will certify that they agree to serve as legal counsel or a representative agent of the Applicant and agree to receive service of process on the Applicant's behalf.
   
  09/25/2025 in Applications
  
  
• FAQ-320:
  If an Applicant is not qualified as a Load Serving Entity in PJM, can the Applicant participate in the auction?
  
  Yes. In the Part 1 Application, an interested party applies to become a Qualified Bidder. To become a Qualified Bidder an interested party must be a Market Buyer, a Market Seller, and a PJM Load Serving Entity (“LSE”). If the interested party cannot make this certification, it must instead certify that it has no impediments to become a Market Buyer, a Market Seller, and a PJM LSE by the start of the delivery period and that it undertakes to do so if it becomes an SSO Supplier.
  
  09/10/2025 in Applications
  
  
• FAQ-302:
  If a bidder chooses to sign the Inserts using a digital signature, does the bidder have to use DocuSign or Adobe Sign?
  
  When an Insert requires a signature, it must be completed either by: (i) printing, signing, and scanning the Insert; or by: (ii) digitally signing the Insert and providing along with the Insert an additional document or information that verifies the identity of the signatory. Additional documentation or information may include: (i) a certificate of completion if the signatory uses DocuSign; (ii) a Final Audit Report if the signatory uses Adobe Sign; (iii) evidence that the digital signature has been certified by the signatory using a document signing certificate; or (iv) other documentation or information produced by a commercially available software that can be used by the Auction Manager to verify the identity of the signatory. Digital signatures without a document or information verifying the identity of the signatory are not acceptable; signature images and other electronic signatures are not acceptable. In some cases, it will be required that the signature of an Insert that is not digitally signed be notarized.

  Please see the “Guide to Providing Digital Signatures” document on the Documents page on the CBP website here for more information.
  
  10/06/2023 in Applications
  
  

• 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
  
  

• 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
  
  
• FAQ-263:
   Is it acceptable to use DocuSign to complete documents required by the Part 1 Application?
  
  Digital signatures using commercially available software such as DocuSign are acceptable as long as the digital signature is submitted with an accompanying document or information verifying the identity of the signatory (such as the Certificate of Completion if using DocuSign).

  Applicants complete all required Inserts and upload them to the online Part 1 Form.  Inserts may be:

  • Printed, signed (with the signature notarized if required), and scanned; or
  • Submitted with an acceptable digital signature and a document or information verifying the identity of the signatory (digital signatures are not required to be notarized).

  Electronic signatures (e.g., a picture of a signature as opposed to a digital signature entered through commercial software such as that offered by DocuSign) are not acceptable.

  A Guide for Providing Digital Signatures is available on the Documents page of the CBP website.
  
  01/19/2022 in Applications
  
  

< Previous | Showing 1 to 10 | Next > | << Back to FAQ Categories