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

More documents

Recommendations

Info

What Does Full Requirements Mean?• The requirements for a portion of Default ServiceSupply for a Class including energy, capacity, ancillaryservices, applicable Transmission Services, any otherservice as required by PJM• Full requirements excludes Network IntegrationTransmission Service (“NITS”), which is paid by theCompany and passed through to customers• The Supplier will be expected to be a PJM LoadServing Entity (“LSE”) by the start of the supply periodMet-Ed and Penelec Default Service Program8
Two Different AuctionsFor Two Different Price Plans• Fixed Auction is for a fixed price plan• Industrial opt-in: payments and rates based on the final auction pricefor each MWh served• Residential:• Stub period: payments and rates based on: 1) the final auction price for 95%; and2) the real time PJM price and a fixed $9/MWh adder for 5% of each MWh served• Starting June 1, 2011: 100% final auction price• Commercial: payments and rates based on: 1) the final auction price for90% of each MWh served; and 2) the real time PJM price and a fixed$9/MWh adder for 10% of each MWh served• Hourly Auction is for service priced to the hourly market• Industrial: payments and rates based on the final auction price, thereal-time PJM price, and a fixed $2/MWh adder (for ancillary services)Met-Ed and Penelec Default Service Program9
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: The Met-Ed and Penelec DefaultServi
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 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???
show all

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

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?