Met-Ed and Penelec Default Service Program January ... - FirstEnergy

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What Portion of Supply Is At Auction?• 100% in the stub period from January 1, 2011 to May 31, 2011• For the remainder of the Program term:Residential Class25% block energy through RFP with Company balancing andother components bought on PJM markets75% full requirements supply through the Fixed AuctionCommercial Class100% full requirements supply through the Fixed AuctionMet-Ed and Penelec Default Service Program10
Suppliers Get Benefit of Solar RFP• Industrial Class straddles the two AuctionsIndustrial ClassUp to 50 MW supply through the Fixed Auction tocustomers that affirmatively opt-inFull requirements supply for the remainder through theHourly Auction• The Companies will conduct a separate RFP for SolarPhotovoltaic Alternative Energy Credits (“SPAECs”) sufficient tomeet the projected requirements for the Program term• Suppliers would be provided SPAECs sufficient to cover theirsolar requirementsMet-Ed and Penelec Default Service Program11
Page 1 and 2: Met-Ed and PenelecDefault Service P
Page 3 and 4: Scope of Presentation• This Bidde
Page 5 and 6: Disclaimer• Any statements descri
Page 7 and 8: The Met-Ed and Penelec DefaultServi
Page 9: Two Different AuctionsFor Two Diffe
Page 13 and 14: Auction Web Site• Auction web sit
Page 15: Main Features1. A Fixed Auction and
Page 18 and 19: Auction Format is a Clock Auction
Page 20 and 21: Bids in Both Auctions Submitted On-
Page 22 and 23: Commission Has Approved the SMAs•
Page 24 and 25: Commission Will Consider AuctionRes
Page 26 and 27: Supplier’s Role and Standard Cont
Page 28 and 29: PJM’s Perspective of SuppliersFro
Page 30 and 31: BB- Is the Minimum Rating• Securi
Page 32 and 33: Credit Provisions for Hourly Auctio
Page 34 and 35: Compliance with AEPS through AECs
Page 36 and 37: Supplier Risk Mitigation Features
Page 38 and 39: Descending Clock Auction Has FourMa
Page 40 and 41: What Is A Bid in Round 1?• A bid
Page 42 and 43: Changes in Round 2 Bidding• A bid
Page 44 and 45: Bidders Must Name an Exit Price Whe
Page 46 and 47: A Bidder Could Be Asked to Indicate
Page 48 and 49: Changes in Round 2 Reporting• Eac
Page 50 and 51: Free Eligibility• In any given ro
Page 52 and 53: Bids Are Submitted Online• Biddin
Page 54 and 55: To Be Technically Prepared• Biddi
Page 56 and 57: Proposal Submission ProcessMet-Ed a
Page 58 and 59: Key Dates17 Nov 2009Deadline for su
Page 60 and 61:
Requirements for Part 2• A Suppli
Page 62:
QUESTIONS???
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Met-Ed and Penelec Default Service Program January ... - FirstEnergy

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