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BGS Auction

The 2014 BGS-CIEP Auction and the 2014 BGS-FP Auction are scheduled to begin in early 2014. The New Jersey Board of Public Utilities (Board) is expected to make a decision on the results within 2 days of the end of the BGS-FP Auction or the BGS-CIEP Auction, whichever comes later. At that time, the Board may also release results of the auctions through its website as it has in years past.

Each year since 2002, the four New Jersey Electric Distribution Companies (EDCs) - Public Service Gas & Electric Company (PSE&G), Atlantic City Electric Company (ACE), Jersey Central Power & Light Company (JCP&L), and Rockland Electric Company (RECO) - have procured several billion dollars of electric supply to serve their Basic Generation Service (BGS) customers through a statewide auction process held in February. BGS refers to the service of customers who are not served by a third party supplier or competitive retailer. This service is sometimes known as Standard Offer Service, Default Service, or Provider of Last Resort Service. The Auction Process has consisted of two auctions that are held concurrently, one for larger customers on an hourly price plan (BGS-CIEP) and one for smaller commercial and residential customers on a fixed-price plan (BGS-FP).

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  • For more information about the EDCs' undertaking concerning renewable portfolio standards, please go to the BPU Docs page.

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  • To find more information about PJM's Annual Auction Revenue Rights Allocation, please go to the PJM Links page

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What's New

Board Approves Results of 2014 BGS Auctions...   GO >>

Special Board Meeting Scheduled for Wednesday, February 12, 2014...   GO >>

POSTING: Mark-to-Market Information Release...   GO >>

Final Decrement Formulas Posted...   GO >>

POSTING: Revised ACE Rate Spreadsheet...   GO >>

ANNOUNCEMENT: RECO Data Revisions; POSTING: RECO Peak Load Allocations Have Been Revised...   GO >>

ANNOUNCEMENT: Final Seasonal Factors POSTING: Updated BGS-FP Rate Spreadsheets...   GO >>

REVISED Announcement: Rates for Firm Transmission Service...   GO >>

Part 2 Application Deadline is January 15, 2014; Daily FAQ Postings until further notice...   GO >>

Rates for Firm Transmission Service...   GO >>

Part 2 Application Deadline is January 15, 2014...   GO >>

RECO Peak Load Allocations Have Been Revised...   GO >>

Part 1 Application deadline is December 17, 2013 ...   GO >>

Bidder Information Session Materials, Association and Confidential Information Q&A ANNOUNCEMENT: Daily FAQ Postings until Part 1 Application Deadline ...   GO >>

POSTING: Final Auction Documents Posted...   GO >>

REMINDER: Part 1 Application deadline is December 17, 2013...   GO >>

POSTING: Compliance Filing Documents...   GO >>

REMINDER: BGS Auction Information Session - RSVP Now!...   GO >>

ANNOUNCEMENT: Board Approves EDCs’ BGS Proposal...   GO >>

REMINDER: BGS Auction Information Session - RSVP Now!...   GO >>

ANNOUNCEMENT: Final Part 2 Application Form Posted November 18...   GO >>

ANNOUNCEMENT: Minimum and Maximum Starting Prices, Tranche Targets, and Statewide Load Cap for the 2014 BGS-CIEP Auction...   GO >>

ANNOUNCEMENT: Minimum and Maximum Starting Prices, Tranche Targets, and Load Caps for the 2014 BGS-FP Auction ...   GO >>

INVITATION: BGS Auction Information Session - RSVP Now!...   GO >>

POSTING: Pre-Auction Credit Documents...   GO >>

REMINDER: Potential Bidders Invited to Propose Modifications to the Pre-Auction Letter of Credit...   GO >>

POSTING: Final Part 1 Application Form and Draft Part 2 Application Form...   GO >>

REMINDER: BGS Auction Information Session - RSVP Now!...   GO >>

INVITATION: BGS Auction Information Session - RSVP Now!...   GO >>

Pre-Auction Letter of Credit Comment Process: POSTING of Further Document...   GO >>

INVITATION: Potential Bidders Invited to Propose Modifications to the Pre-Auction Letter of Credit...   GO >>

POSTING: Alternate Guaranty Process...   GO >>

Hearing and Deadline for Final Comments on Proposals for Procurement of BGS...   GO >>

WEB SITE UPDATES: First FAQs, Additional Data, and Draft FP Pricing Spreadsheet...   GO >>

Deadline for Initial Comments on Proposals for Procurement of BGS...   GO >>

EDCs' Filing is Available on the BGS Auction Web Site...   GO >>

Board of Public Utilities Initiates BGS Proceeding...   GO >>

Do you have a question?...   GO >>

Board Approves Results of 2013 BGS Auctions...   GO >>