ComEd 2008

Frequently Asked Questions Questions submitted through this site are generally answered within two business days. A response will be sent directly to the questioner. If a question is not within the scope of the Procurement Administrator's role or expertise, the Procurement Administrator may, instead of providing an answer, refer the questioner to an alternative source of information. All questions and answers are posted to this site, unless the question and answer repeat information already provided on the FAQ page or generally do not provide additional information that may be relevant to prospective suppliers.

Do you have a question? Please click here.

FAQs are posted periodically, please check back often for updated postings.

Go to page: Previous 1(newest) 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24(oldest) Next

FAQ-22. Is there an error on page 14 of the procurement plan presentation distributed prior to the conference call on October 31 regarding contingency plans?

Yes, the information regarding contingency plans on page 14 of the procurement plan presentation distributed prior to the conference call is incorrect. A revised copy of the presentation was sent to conference call participants. The presentation posted here contains the revised information.

11/20/2007, in Standard Products RFP.

FAQ-21. Regarding the portfolio risk analysis discussed on page 11 of the procurement plan presentation dated October 31 (found here), how are the results on customer rate impact expressed?

The results on customer rate impact are expressed in terms of $/MWh for the supply cost to customers, which is the impact that customers will see.

11/20/2007, in Standard Products RFP.

FAQ-20. On page 16 of the procurement plan presentation dated October 31 (found here), ComEd states that the utilities will ï¿½execute approved RFP supply contractsï¿½ within 3 business days of a successful bid and that the utilities will ï¿½file retail supply chargesï¿½ within 2 business days. How can the filing of retail supply charges occur before the RFP supply contracts are executed?

The execution of the RFP supply contracts and the filing of retail supply charges with the Illinois Commerce Commission (ï¿½ICCï¿½) are independent processes. ComEd intends to file retail supply charges with the ICC while the RFP supply contracts are being executed. ComEdï¿½s proposed tariffs require ComEd to execute the contracts after a successful RFP event. The RFP process includes appropriate safeguards to assure timely execution of contracts by Suppliers after a successful RFP event.

This response was first posted on 11/20/2007 and updated on 2/1/2008.

2/1/2008, in Standard Products RFP.

FAQ-19. In the procurement plan conference call on October 31, a possible end of January or February timeframe for the 2008 ComEd RFP was mentioned. Is ComEd aware that the BGS Auctions in New Jersey occur in the same timeframe?

Yes, ComEd is aware of that. The dates of other procurement events have been taken into account in setting a definite schedule.

The timeline for the Standard Products RFP, available here, was posted to the Documents & Data page on Wednesday, January 30, 2008 with a due date for bids of March 5, 2008. Please consult the home page, as well as the Documents & Data page for additional information.

This response was first posted on 11/20/2007 and updated on 2/1/2008.

2/1/2008, in Standard Products RFP.

FAQ-18. When will the 2008 ComEd RFP occur?

Bidding has initially been planned for the end of January 2008 or February 2008; however, this initial timing may change to a later date. The dates of other procurement events will be taken into account in setting a definite schedule.

Please see FAQ 56.

This response was first posted on 11/20/2007 and updated on 2/1/2008.

2/1/2008, in Archive.

FAQ-17. In the 2006 Illinois Auction, the quantities that each bidder could bid and win were limited by “load caps”. Are load caps being proposed for the 2008 ComEd RFP?

The details of the bidding process will be included in the document setting out the process and rules for the Standard Products RFP, to be posted by February 8, 2008. For more information, see the page of this Web site. At this time, load caps have not been proposed.

This response was first posted on 11/20/2007 and updated on 2/1/2008.

2/1/2008, in Standard Products RFP.

FAQ-16. What is the delivery point for the products to be procured in the 2008 ComEd RFP?

The delivery point is NIHUB (the PJM Northern Illinois Hub).

11/20/2007, in Standard Products RFP.

FAQ-15. On page 8 of the renewable energy resource presentation dated November 8 (found here), ComEd discusses the “Rate Impact Threshold Criteria”. If the renewable energy procurement plan will result in rates being impacted by more than the allowable amount, how will the plan change? For example, will the renewable energy resource selection order change if the rate impact threshold criteria is reached before the required number of RECs is procured, in order to reach the desired number of RECs?

For the purposes of ComEd’s proposed procurement plan filed with the ICC on October 29, 2007, the renewable energy resource selection order will not change if the rate impact threshold criteria is reached before the required number of RECs is procured. No additional RECs will be purchased once the rate impact threshold criteria is reached.

Please note that the resource selection order, as presented on November 8, has been changed by the ICC’s December 19 Final Order. Please see Section III.B.4.b of the order, available here. The ICC has determined that the overreaching goal is to procure RECs equal to 2% of the 2006-2007 planning year eligible retail load within a budget constraint of approximately $18 million. To the extent possible (i.e. without reaching the budget constraint), priority will be given to RECs coming from wind resources, and then to Illinois resources.

This response was first posted on 11/20/2007 and updated on 2/1/2008.

2/1/2008, in Renewables RFP.

FAQ-14. What is the expected timing of the RFP event?

Please see FAQ 56.

This response was first posted on 11/20/2007 and updated on 2/1/2008.

2/1/2008, in Archive.

FAQ-13. On page 7 of the renewable energy resource presentation dated November 8 (found here), the renewable energy resource selection order is given as “Illinois, Adjacent States, Other States”. Does that mean that the priority of “Other States” is below that of both Illinois and “Adjacent States”?

Please note that the resource selection order, as presented on November 8, has been changed by the ICC’s December 19 Final Order. Please see Section III.B.4.b of the order, available here. The ICC has determined that the overreaching goal is to procure RECs equal to 2% of the 2006-2007 planning year eligible retail load within a budget constraint of approximately $18 million. To the extent possible (i.e. without reaching the budget constraint), priority will be given to RECs coming from wind resources, and then to Illinois resources.

This response was first posted on 11/20/2007 and updated on 2/1/2008.

2/1/2008, in Renewables RFP.


CURRENT PROCUREMENT Home Documents & Data Announcements Calendar FAQs Renewables Links	Frequently Asked Questions Questions submitted through this site are generally answered within two business days. A response will be sent directly to the questioner. If a question is not within the scope of the Procurement Administrator's role or expertise, the Procurement Administrator may, instead of providing an answer, refer the questioner to an alternative source of information. All questions and answers are posted to this site, unless the question and answer repeat information already provided on the FAQ page or generally do not provide additional information that may be relevant to prospective suppliers. Do you have a question? Please click here. FAQs are posted periodically, please check back often for updated postings. Go to page: Previous 1(newest) 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24(oldest) Next FAQ-22. Is there an error on page 14 of the procurement plan presentation distributed prior to the conference call on October 31 regarding contingency plans? Yes, the information regarding contingency plans on page 14 of the procurement plan presentation distributed prior to the conference call is incorrect. A revised copy of the presentation was sent to conference call participants. The presentation posted here contains the revised information. 11/20/2007, in Standard Products RFP. Back to Top FAQ-21. Regarding the portfolio risk analysis discussed on page 11 of the procurement plan presentation dated October 31 (found here), how are the results on customer rate impact expressed? The results on customer rate impact are expressed in terms of $/MWh for the supply cost to customers, which is the impact that customers will see. 11/20/2007, in Standard Products RFP. FAQ-20. On page 16 of the procurement plan presentation dated October 31 (found here), ComEd states that the utilities will ï¿½execute approved RFP supply contractsï¿½ within 3 business days of a successful bid and that the utilities will ï¿½file retail supply chargesï¿½ within 2 business days. How can the filing of retail supply charges occur before the RFP supply contracts are executed? The execution of the RFP supply contracts and the filing of retail supply charges with the Illinois Commerce Commission (ï¿½ICCï¿½) are independent processes. ComEd intends to file retail supply charges with the ICC while the RFP supply contracts are being executed. ComEdï¿½s proposed tariffs require ComEd to execute the contracts after a successful RFP event. The RFP process includes appropriate safeguards to assure timely execution of contracts by Suppliers after a successful RFP event. This response was first posted on 11/20/2007 and updated on 2/1/2008. 2/1/2008, in Standard Products RFP. FAQ-19. In the procurement plan conference call on October 31, a possible end of January or February timeframe for the 2008 ComEd RFP was mentioned. Is ComEd aware that the BGS Auctions in New Jersey occur in the same timeframe? Yes, ComEd is aware of that. The dates of other procurement events have been taken into account in setting a definite schedule. The timeline for the Standard Products RFP, available here, was posted to the Documents & Data page on Wednesday, January 30, 2008 with a due date for bids of March 5, 2008. Please consult the home page, as well as the Documents & Data page for additional information. This response was first posted on 11/20/2007 and updated on 2/1/2008. 2/1/2008, in Standard Products RFP. FAQ-18. When will the 2008 ComEd RFP occur? Bidding has initially been planned for the end of January 2008 or February 2008; however, this initial timing may change to a later date. The dates of other procurement events will be taken into account in setting a definite schedule. Please see FAQ 56. This response was first posted on 11/20/2007 and updated on 2/1/2008. 2/1/2008, in Archive. Back to Top FAQ-17. In the 2006 Illinois Auction, the quantities that each bidder could bid and win were limited by “load caps”. Are load caps being proposed for the 2008 ComEd RFP? The details of the bidding process will be included in the document setting out the process and rules for the Standard Products RFP, to be posted by February 8, 2008. For more information, see the page of this Web site. At this time, load caps have not been proposed. This response was first posted on 11/20/2007 and updated on 2/1/2008. 2/1/2008, in Standard Products RFP. FAQ-16. What is the delivery point for the products to be procured in the 2008 ComEd RFP? The delivery point is NIHUB (the PJM Northern Illinois Hub). 11/20/2007, in Standard Products RFP. FAQ-15. On page 8 of the renewable energy resource presentation dated November 8 (found here), ComEd discusses the “Rate Impact Threshold Criteria”. If the renewable energy procurement plan will result in rates being impacted by more than the allowable amount, how will the plan change? For example, will the renewable energy resource selection order change if the rate impact threshold criteria is reached before the required number of RECs is procured, in order to reach the desired number of RECs? For the purposes of ComEd’s proposed procurement plan filed with the ICC on October 29, 2007, the renewable energy resource selection order will not change if the rate impact threshold criteria is reached before the required number of RECs is procured. No additional RECs will be purchased once the rate impact threshold criteria is reached. Please note that the resource selection order, as presented on November 8, has been changed by the ICC’s December 19 Final Order. Please see Section III.B.4.b of the order, available here. The ICC has determined that the overreaching goal is to procure RECs equal to 2% of the 2006-2007 planning year eligible retail load within a budget constraint of approximately $18 million. To the extent possible (i.e. without reaching the budget constraint), priority will be given to RECs coming from wind resources, and then to Illinois resources. This response was first posted on 11/20/2007 and updated on 2/1/2008. 2/1/2008, in Renewables RFP. FAQ-14. What is the expected timing of the RFP event? Please see FAQ 56. This response was first posted on 11/20/2007 and updated on 2/1/2008. 2/1/2008, in Archive. Back to Top FAQ-13. On page 7 of the renewable energy resource presentation dated November 8 (found here), the renewable energy resource selection order is given as “Illinois, Adjacent States, Other States”. Does that mean that the priority of “Other States” is below that of both Illinois and “Adjacent States”? Please note that the resource selection order, as presented on November 8, has been changed by the ICC’s December 19 Final Order. Please see Section III.B.4.b of the order, available here. The ICC has determined that the overreaching goal is to procure RECs equal to 2% of the 2006-2007 planning year eligible retail load within a budget constraint of approximately $18 million. To the extent possible (i.e. without reaching the budget constraint), priority will be given to RECs coming from wind resources, and then to Illinois resources. This response was first posted on 11/20/2007 and updated on 2/1/2008. 2/1/2008, in Renewables RFP.
All rights reserved