FAQs
All FAQs
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FAQ-77:
Please confirm the values provided in Table 1 in the file “Confidential Information to Bidders Regarding ARRs_Stage 1A-March 2025_10 MAR 2025” are accurate.
PECO confirmed the values provided in Table 1 in the file “Confidential Information to Bidders Regarding ARRs_Stage 1A-March 2025_10 MAR 2025” are accurate.
03/11/2025 in Contract
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FAQ-76:
Is PECO's NYPA allocation for energy year 2025/26 available?
PECO will not have this information prior to the Bid Date for the March 2025 Solicitation. PECO’s NYPA allocation for the 2024/25 energy year is 5.848 MW and this is the latest information available. For more information about PECO’s arrangement with the New York Power Authority, please refer to slide 30 of the Bidder Information Webcast available on the Supplier Information – Documents page of the RFP website. Specifically, please note that the allocation is dependent upon the number of residential customers PECO serves.
03/03/2025 in Data
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FAQ-75:
The UFE data on the RFP Website is on average positive for 2024 and was on average negative in prior years. Does PECO know the reason for this change? Is the data correct? Is PECO using updated profiles?
The Unaccounted for Energy (“UFE”) data posted on the RFP Website is correct. PECO is not using updated load profiles for 2024. The UFE data report on the RFP website is the hourly MW difference between PECO’s total retail hourly energy (system load) and the estimated hourly customer loads (both interval metered and profiled). If UFE is positive than PECO’s total retail hourly energy (system load) is greater than the estimated hourly customer loads (both interval metered and profiled). There are various causes of UFE, which are not limited to but may include the following:- Electrical losses: Energy lost in the transmission system
- Metering errors: Inaccurate readings from meters
- Unmetered connections: Unmeasured electricity use from items like streetlights and traffic signals
- Energy theft: Electricity that is stolen or used without being registered
Please note that the hourly load data in the Data Room has already been adjusted to include UFE. PECO allocates UFE to all Load Serving Entities in the PECO zone (i.e., to EGS and default service Load Serving Entities) each month based on load-ratio share. Prior to March 2015 UFE is allocated to monthly-metered customers and not to hourly/interval metered customers. Starting in March 2015 UFE is allocated to all customers, including hourly/interval metered customers.
03/03/2025 in Data
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FAQ-74:
Please provide the bank information for Paragraph 7 of the pre-bid letter of credit for the March 2025 Solicitation.
This information will be provided to all RFP Bidders that submit a Part 1 Proposal on the Part 1 Date. This information will be provided to an RFP Bidder earlier upon request if the RFP Bidder has submitted a Part 1 Proposal.
02/24/2025 in Credit
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FAQ-73:
Are Total Peak (MW) and Default Peak (MW) figures available for the upcoming 2025/2026 planning year for each class?
The Total Peak (MW), Default Peak (MW), and MW-Measure of a tranche for each class is provided in Table 2 in Appendix 0 – Addendum to the RFP Rules. This document can be found on the Supplier Information – Documents page on the RFP Website. This data was updated as of January 2025 and is relevant to the upcoming 2025/2026 Planning Year.
02/18/2025 in Data
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FAQ-72:
Is there a redline of the Uniform SMA for DSP VI to the version for DSP V?
A redline of the Uniform SMA posted to the RFP website to the DSP V version was filed with the petition for DSP VI as PECO Exhibit SD-3 beginning on page 204 and is available on the PUC’s website here: https://www.puc.pa.gov/pcdocs/1815136.pdf
02/18/2025 in Contract
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FAQ-71:
Can PECO confirm whether it is participating in Stage 1A and Stage 1B and will have ARR credits to transfer to winning bidders for the products available in the March 2025 Solicitation? Will any data be made available to RFP Bidders?
PECO will confirm whether it is participating in Stage 1A and Stage 1B and will have ARR credits to transfer to winning bidders for the products available in the March 2025 Solicitation. This confirmation is expected to be sent to RFP Bidders by March 3, 2025.If PECO is participating in Stage 1A, PECO will provide the results including the paths and the amount of MWs awarded along with an allocation estimate for each Class on March 10, 2025. If the results are not available from PJM on March 10, 2025, PECO will provide the paths and the amount of MWs nominated in Stage 1A with an allocation estimate for each Class. This information will be provided on a confidential basis to RFP Bidders that submit a Part 2 Proposal.
Regardless of whether PECO plans to participate in Stage 1B, due to the timing of the 2025 PJM nomination process, no information will be made available to RFP Bidders in this solicitation regarding Stage 1B.
02/13/2025 in Rules
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FAQ-70:
Is PECO an adhering party to the International Swaps and Derivatives Association (“ISDA”) 2018 U.S. Resolution Stay Protocol (“ISDA U.S. Stay Protocol”)?
Yes, PECO Energy Company is an adhering party to the ISDA U.S. Stay Protocol. The list of adhering parties is available on the ISDA website: https://www.isda.org/protocol/isda-2018-us-resolution-stay-protocol/adhering-parties.
02/10/2025 in Contract
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FAQ-69:
Are there provisions for how confidential financial information submitted with the Proposal will be handled by PECO?
For purposes of submitting to the requirements of section IV.2 of the RFP Rules, each RFP Bidder elects: (a) to rely on its own financial standing; or: (b) to rely on the financial standing of an “RFP Guarantor”; or: (c) to rely on the financial standing of a Principal. An RFP Bidder that relies on its own financial standing must submit available financial information for the RFP Bidder by upload to the online Part 1 Form or by email at PECOProcurement@nera.com. An RFP Bidder that relies on its own financial standing must also submit all available credit ratings for the RFP Bidder from the following rating agencies: S&P Global Ratings (“S&P”), Moody’s Investors Service, Inc. (“Moody’s”), and Fitch Ratings (“Fitch”).In practice, for purposes of evaluating the creditworthiness of each RFP Bidder, the Independent Evaluator will provide a summary of the financial information to PECO for the entity upon whose financial standing the bidder relies under items (a) through (c) above. This includes the credit ratings provided by the RFP Bidder in the online Part 1 Form and the pages of the backup financial documentation necessary to verify the calculation of an entity’s tangible net worth. The financial information is transmitted to select representatives at PECO, who have executed a Confidentiality Statement in the form of Appendix 12 to the RFP Rules, via a secure file transfer system maintained by the Independent Evaluator. Attachments sent via the Independent Evaluator’s secure file transfer system expire after 30 calendar days and cannot be accessed after such time.
While PECO has no obligation under the RFP to destroy the financial information for an entity that does not sign the Uniform SMA, PECO is likewise under no obligation to retain such financial information. The confidentiality provisions for handling of proposal materials is described in the RFP Rules in Section VII.4. The Independent Evaluator and representatives from PECO involved in the evaluation of Proposals will consider all data and information provided by RFP Bidders in response to this RFP to be confidential and will attempt to limit its disclosure to the public in accordance with the provisions of this section. PECO will also take reasonable action to ensure that its employees, representatives and agents authorized to consider and evaluate all Proposals protect the confidentiality of such data and information. Each representative of the Independent Evaluator and PECO that has access to any portion of the Proposals is required to sign a Confidentiality Statement in the form of Appendix 12 to these RFP Rules prior to evaluation of any portion of the Proposals. The list of all signatories is available to an RFP Bidder upon request.
However, absolute protection from public disclosure of the RFP Bidders’ data and information filed in response to this RFP cannot be provided and is not intended. By submitting a Proposal in response to this RFP, each RFP Bidder acknowledges and agrees to the limitations of the confidentiality provisions set forth in this section. In addition, the RFP Bidders’ data and information filed in response to the RFP will be disclosed if required by any federal, state or local agency (including, without limitation, the Commission) or by a court of competent jurisdiction. PECO or the Independent Evaluator will notify the RFP Bidder in advance of such disclosure and cooperate with such RFP Bidder, to the extent deemed reasonable by PECO, and at the expense of the RFP Bidder, to prevent the disclosure of such materials. In any event, PECO, its employees, and agents including the Independent Evaluator will not be responsible to the RFP Bidders or any other party or liable for any disclosure of such designated materials before, during or subsequent to this RFP.
02/04/2025 in Rules
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FAQ-68:
Will PECO or the DS Supplier participate in the 2025 PJM ARR nomination process for products available in this March 2025 Solicitation?
As stated in paragraph I.4.9 of the RFP Rules, “Specifically, for any product with a supply period that starts in June, PECO will participate in the PJM ARR nomination process and will transfer or assign ARRs to each Default Supplier for the first June-May period, and for a 24-month product the Default Supplier will participate directly in the PJM ARR nomination process for the second June-May period.” Please refer to the RFP Rules available on the RFP Website here: https://pecoprocurement.com/index.cfm?s=supplierInformation&p=documents.To facilitate selection and transfer of ARRs to wholesale default service suppliers, PECO will employ a consultant for ARR analysis and selection.
02/03/2025 in Contract
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