FAQs
All FAQs
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FAQ-235:
Can AEP Ohio please provide NSPL values for dates into 2021?
AEP Ohio provides historical data for the convenience of bidders but does not provide forecasts.
10/30/2020 in Data
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FAQ-234:
Can you please confirm the source of Forward Market Prices referenced in the Master SSO Supply Agreement?
As defined in the Master SSO Supply Agreement, “Forward Market Prices” means forward market prices for a specific geographic Market Price Hub, as adjusted by AEP Ohio to reflect impact of load shape. Forward Market Prices will be determined with reference to publicly available market price quotations obtained by AEP Ohio, as adjusted by AEP Ohio to more closely approximate the price impact of serving a slice-of-system product which reflects hourly variations due to customer usage patterns. Such adjustment is further described in Attachment C-2. However, if market price quotations are not publicly available, Forward Market Prices will be determined by AEP Ohio using any method which AEP Ohio deems appropriate and which reasonably reflects forward market pricing conditions in PJM.For more information, please see Article 5 of the Master SSO Supply Agreement and the C-2 Data Inputs are available on the Documents page of the CBP website.
10/28/2020 in Supply Agreement
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FAQ-233:
Is a W-9 available for AEP Ohio upon request?
Yes.
10/09/2020 in Other/General
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FAQ-232:
Does AEP Ohio accept cash as a form of pre-bid security?
Yes. In the Part 2 Application, each Qualified Bidder is required to post pre-bid security in an amount of $500,000 per tranche of the indicative offer at the maximum starting price in the form of a pre-bid letter of credit or in the form of cash. Please refer to Section IV.2.9 of the CPB Rules available on the Documents page of the CBP website for more information regarding the pre-bid security requirement.
10/09/2020 in Applications
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FAQ-231:
We understand the that City of Columbus has an initiative on the ballot in November that will permit aggregation of retail customers. Will AEP Ohio quantify the amount of current SSO load (in terms of PLC) that would be subject to aggregation if the initiative passes?
AEP Ohio makes available on an occasional basis data regarding municipal aggregation (http://www.aepohiocbp.com/index.cfm?s=dataRoom&p=monthly). This file is expected to be updated with the latest data prior to the November auction. AEP Ohio provides information on current municipal aggregation programs. AEP Ohio does not make available information on a prospective and forecast basis for initiatives that have not yet passed.
10/01/2020 in Other/General
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FAQ-230:
May we submit proposed modifications to the Form of SSO Supplier Letter of Credit for the November 2020 Auction?
There is no comment process for the Form of SSO Supplier Letter of Credit at this time. The list of acceptable modifications to the SSO Supplier Letter of Credit is available on the Documents page of the CBP website and contains a list of modifications to the SSO Supplier Letter of Credit that are acceptable to AEP Ohio on an optional basis.
09/30/2020 in Applications
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FAQ-229:
Will bidders be required to submit additional pre-bid security in the November 2020 Auction?
For the November 2020 Auction, the amount of pre-bid security required is $500,000 per tranche. No additional pre-bid security is required for any bidder. As stated in Paragraph IV.2.9. of the CBP Rules, a bidder that relies on the financial standing of a guarantor may submit a “letter of intent to provide a guaranty” to meet the additional pre-bid security requirement when the maximum amount of pre-bid security required per tranche exceeds $500,000. This is not applicable to the November 2020 Auction.
09/24/2020 in Applications
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FAQ-228:
Can you please provide a redline document illustrating the changes between the March 2020 and November 2020 Master SSO Supply Agreement?
The Master SSO Supply Agreement for the November 2020 Auction has not changed from the March 2020 Auction and thus a redline will not be provided.
09/24/2020 in Supply Agreement
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FAQ-226:
The Data Room does not include preliminary load data, which would be more recent data. Can AEP Ohio make this data available?
The Data Room contains the most up-to-date information available for the data series that are updated monthly. The files available on the Data Room page are typically updated monthly, on or before the 20th of each month.
09/03/2020 in Data
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FAQ-225:
Does the credit-based tranche cap take into account any tranches that may have been won in previous auctions?
The credit-based tranche cap is set for each auction and does not take into consideration tranches won in previous auctions.
09/03/2020 in CBP Rules
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