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

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Compliance with AEPS through AECs• Compliance with Tier I and II requirements must be demonstrated usingAlternative Energy Credits or AECs issued by PJM-EIS GATS• Suppliers must use PJM-EIS GATS to transfer AECs to the Companies tomeet their AEPS requirements• Prior to using the PJM-EIS GATS, Suppliers must register into GATS andopen a Retail LSE Account• GATS Administrator is available to help Suppliers through process:For information and forms, see: www.pjm-eis.comPhone: 610-666-2245; Fax: 610-771-4114• Suppliers will be responsible for any changes to Tier I and Tier IIrequirements prior to execution of a Default Service SMA• Suppliers will not be responsible for changes to the Tier I and Tier IIrequirements that are implemented following the effective date of theDefault Service SMA(s)Met-Ed and Penelec Default Service Program34
Additional Advantages to Default ServiceSuppliersThe Companies will provide SPAECs to Default ServiceSuppliers to satisfy their solar requirements under the AEPSAct• The Companies will conduct a separate RFP to obtain a fixed amountof SPAECs over a ten-year period• The amount of SPAECs expected to be obtained through the RFP isprojected to meet the Companies’ solar requirements for the periodJanuary 1, 2011 to May 31, 2013• The Companies will purchase SPAECs sufficient to cover fully theSuppliers’ requirements for SPAECs over that periodMet-Ed and Penelec Default Service Program35
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 and 10: Two Different AuctionsFor Two Diffe
Page 11 and 12: Suppliers Get Benefit of Solar RFP
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 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???

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

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