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FAQ-331:
If termination occurs under Section 2.4 of the Master SSO Supply Agreement, do the terms similar to those under Section 2.3 Early Termination apply?
The language of Section 2.4 of the Master SSO Supply Agreement does not reference “unforeseeable event”. The first sentence of Section 2.4 states: “Notwithstanding anything in this Article 2 to the contrary,…”. This language makes clear that Section 2.3 Early Termination or settlement methodology does not apply if the termination is based on Section 2.4.
10/29/2025 in Supply Agreement
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FAQ-330:
Does the Master SSO Supply Agreement include a waiver of jury trial provision?
The terms of the Master SSO Supply Agreement are established and approved through the Public Utilities Commission of Ohio, in connection with the Electric Security Plans submitted by AEP Ohio. The Master SSO Supply Agreement does not include a waiver of jury trial provision, as the waiver of jury trial provision is only applicable to Attachment D (Form of Guaranty) that a bidder’s ultimate parent company would provide. AEP Ohio does not make changes to the Master SSO Supply Agreement for individual suppliers.
10/28/2025 in Supply Agreement
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FAQ-329:
Can you please confirm that the SSO, CRES, and PIPP April 2025 hourly load data is correct?
The data for April 2025 has been revised and updated in the AEP Ohio SSO Hourly Load, AEP Ohio CRES Hourly Load, AEP Ohio PIPP Hourly Load files currently posted to the Data Room of the CBP website.
10/14/2025 in Data
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FAQ-328:
For internal onboarding purposes, can you please provide a W-9 and contact information we can use for AEP Ohio?
A W-9 is available for AEP Ohio upon request. As described in the Communications Protocols posted to the Documents page of the CBP website, AEP Ohio will not communicate with bidders prior to acceptance of the auction results by the Commission.
10/09/2025 in Other/General
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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
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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
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FAQ-325:
Are there protocols for how confidential financial information submitted with the Part 1 Application will be handled by AEP Ohio and the Auction Manager?
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. This information may be uploaded to the online Part 1 Form or provided via email to AEP-CBP@nera.com. Applicants must also submit all available credit ratings for the Entity from the following rating agencies: S&P Global Ratings (“S&P”), Moody’s Investors Service, Inc. (“Moody’s”), and Fitch Ratings (“Fitch”).
Please see the Communications Protocols posted to the Documents page of the CBP website. Financial and credit information submitted with the Part 1 Application is considered confidential information and will be handled as such in accordance with the protocols. Designated individuals from AEP Ohio and the Auction Manager Team who are involved with the conduct and management of the auction process and who will have access to confidential information sign the acknowledgment and confidentiality agreement (“Acknowledgement”) provided as part of the Communication Protocols. A signatory of the Acknowledgment may only discuss confidential information under the Communications Protocols with another signatory of the Acknowledgment. The Auction Manager maintains the list of signatories of the Acknowledgment. By signing the Acknowledgement, each individual in receipt of confidential information:- acknowledges that he or she has read and understands the Communications Protocols and obligations regarding the treatment and communication of confidential information related to the auctions under the CBP to procure full requirements supply for AEP Ohio’s SSO customers;
- certifies that he or she will abide by the terms and conditions of the Communications Protocols and will treat and communicate confidential information as specified in the Communications Protocols; and
- acknowledges that he or she is subject to injunctive action/relief to enforce the confidentiality agreement, as well as liability from parties participating in the auctions under the CBP to procure full requirements supply for AEP Ohio’s SSO customers, should he or she be found in violation of the Communications Protocols.
In practice, for purposes of evaluating the creditworthiness of the Applicant, the Auction Manager will provide a summary of the financial information to AEP Ohio for the Entity upon whose financial standing the Applicant is relying. This includes the credit ratings provided by the Applicant in the online Part 1 Form and the backup financial documentation necessary to verify the calculation of the Entity’s tangible net worth. Financial information is transmitted to select representatives at AEP Ohio, who have signed the Acknowledgement provided as part of the Communication Protocols, via a secure file transfer system maintained by the Auction Manager. Attachments sent via the Auction Manager’s secure file transfer system expire after 30 calendar days and cannot be accessed after such time. Information uploaded to the online Part 1 Form is deleted from the application website at the conclusion of the auction.However, absolute protection from public disclosure of the bidders’ data and information submitted as part of the CBP cannot be provided. By participating in the auction, each bidder acknowledges and agrees to the confidentiality provisions set forth herein, as well as any limitations thereto. In addition, the bidder agrees that the bidder’s data and information submitted as part of the CBP will be disclosed if required by any federal, state or local agency (including, without limitation, the Commission) or by a court of competent jurisdiction. However, AEP Ohio will endeavor to notify the bidder in advance of such disclosure. In any event, neither AEP Ohio nor the Auction Manager, nor any of their employees or agents, will be responsible to the bidders or any other party, or liable for any disclosure of such designated materials before, during or subsequent to the auction. Notwithstanding the above, AEP Ohio and the Auction Manager reserve the right to use and communicate publicly and/or to third parties any and all information/data submitted as part of the CBP in any proceedings before FERC, the Commission, and any other regulatory body and the courts, if necessary, without the prior consent/approval of, or notice to, any such bidder.
09/30/2025 in Other/General
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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-322:
Can a Qualified Bidder both (i) provide certain types of transactions, specifically for shaped energy products (but not load-following products) to other Qualified Bidders in AEP Ohio’s auctions; and (ii) to become a Qualified Bidder itself in AEP Ohio’s auctions and make the certifications required of a Qualified Bidder? As a point of information, the individuals who transact the shaped energy products with market participants operate independently, with no sharing of sensitive information, from the individuals who are responsible for the Applications and bidding in AEP Ohio’s auctions.
In completing the Part 1 and Part 2 Applications, a bidder is required to make a number of certifications regarding maintaining certain information confidential. Such certifications are listed in Article IV and Article X of the CBP Rules. The term “bidder” is used generically to refer to a prospective bidder, a Qualified Bidder, or a Registered Bidder.
While you are responsible for reviewing all such certifications, of most relevance to your question, a Qualified Bidder will be asked to certify to the following with its Part 2 Application:- The Qualified Bidder is not a party to any contract for the purchase of power that might be used as a source for SSO supply, and that (i) would require the disclosure of any Confidential Information to the counterparty under such a contract; or (ii) that would require the disclosure of any Confidential Information to any other party; or (iii) that would provide instructions, direct financial incentives, or other inducements for the bidder to act in a way determined by the counterparty in the agreement and/or in concert with any other bidder in the auction. “Confidential Information” means Confidential Information Relative to Bidding Strategy or Confidential Information Regarding the Auction, as defined in the CBP Rules.
- The Qualified Bidder does not have any knowledge of Confidential Information Relative to the Bidding Strategy of any other Qualified Bidder in the auction.
- The Qualified Bidder will not disclose Confidential Information Relative to its own Bidding Strategy except to: (i) bidders that were explicitly named in the Part 1 Application as parties with which it has entered into a bidding agreement, joint venture for the purpose of bidding in the auction, bidding consortium, or other arrangement pertaining to bidding in the auction; (ii) bidders with which it is associated as disclosed in the Part 2 Application; (iii) its Advisors; and (iv) its financial institution.
You provide the information that the individuals who transact the shaped energy products (not load following) with market participants operate independently, with no sharing of sensitive information, from the individuals who would be part of the bidding team should you participate in AEP Ohio’s auctions. This fact would not allow you, if you become a Qualified Bidder, to make the certifications required by the Part 2 Application. The entity that must make these certifications is the entity that has been granted the status of Qualified Bidder as a whole, not the individuals designated as part of the bidding team for the auctions held under AEP Ohio’s CBP, or those specific individuals involved in full-requirements transactions. Any internal protocols that you have in place restricting communications between functions or businesses would not allow you as the Qualified Bidder to make the certifications required by the Part 2 Application.We interpret your question to be asking whether you may be able both (i) to provide the shaped products referenced in your question (not load-following) to other Qualified Bidders in AEP Ohio’s auctions; and (ii) to become a Qualified Bidder yourself in AEP Ohio’s auctions and make the certifications required of a Qualified Bidder. We offer two clarifications at the outset. First, if you become a Qualified Bidder in an auction, you will receive with your notification a list of Qualified Bidders for that auction. Thus, you will know whether a potential counterparty to a transaction is or is not a Qualified Bidder in AEP Ohio’s auction. Second, the certifications required by the CBP Rules do not impede your ability to provide shaped products to market participants that are not Qualified Bidders in AEP Ohio’s auctions (although if such market participants are taking part in other default service auctions, such auctions would impose their own restrictions on the type of supply arrangements that bidders can make for the auction products). Thus, we address specifically whether you could become a Qualified Bidder in AEP Ohio’s auctions and also provide the shaped products to other Qualified Bidders in the same auction.Ultimately, this depends on the nature of the transactions made with these other Qualified Bidders. The transaction of a shaped product in and of itself may or may not impede your ability to make or uphold the certifications of the Part 2 Application (in particular, the certification that you have no knowledge of Confidential Information Relative to the Bidding Strategy of another Qualified Bidder, which includes knowledge of that Qualified Bidder’s estimation of the value of a tranche). Transaction of a shaped product in isolation, with that product having a fixed price, a fixed volume and delivery pattern, along with no contingency between winning at the auction and purchasing the product, may not reveal such information. A shaped product can be used not only to support a bid in AEP Ohio’s auctions but it can be used outside these auctions, and it can be resold to another market participant. A shaped product in and of itself is not sufficient to meet the supply obligations of a winner at AEP Ohio’s auctions; several other significant components are required.Such a transaction need not, but could, reveal or provide Confidential Information Relative to the Bidding Strategy of a Qualified Bidder that is a counterparty to this transaction. For example, if this transaction were not an isolated transaction but instead was part of a series of transactions with the same Qualified Bidder as counterparty that included shaped products for varying delivery patterns, or if these shaped products were added to other components that could be used for SSO Supply, the totality of these transactions could well reveal Confidential Information Relative to the Bidding Strategy of that Qualified Bidder. If the totality of the transactions between you and another Qualified Bidder were to reveal such information, it would not be possible for you as a Qualified Bidder to certify that you do not have any knowledge of Confidential Information Relative to the Bidding Strategy of any other Qualified Bidder in the auction. Conversely, the Qualified Bidder transacting with you could be unable to certify that it has not disclosed Confidential Information Relative to its own Bidding Strategy.
- FAQ-323:

