Thank you for bringing this to our attention. The “ACE_Daily_Zonal_Scaling_Factor_January_2026_Update” and the “JCP&L_Daily_Zonal_Scaling_Factor_January_2026_Update” files have been updated and are available on the Monthly Data page of the BGS Auction site.

Any bidding agreement, joint venture for the purpose of bidding in the auction, bidding consortium, or other arrangement pertaining to bidding in the auction, must be fully disclosed in the Part 1 Application. All entities in any such arrangements together cannot bid or win more than the applicable load caps.

Once parties are qualified to bid in the Auction, each qualified bidder will be asked in its Part 2 Application to make a number of certifications and each qualified bidder may be asked to provide additional information to the Auction Manager if these certifications cannot be made. In particular, each qualified bidder will be informed of the list of qualified bidders and will be asked to certify that it is not associated with any other qualified bidder. If a qualified bidder cannot make such a certification, it will be asked to identify associations it may have with other qualified bidders. If two qualified bidders are associated with one another, the Auction Manager will determine whether the two qualified bidders can both participate in the Auction on a case-by-case basis, as well as the terms and conditions of such participation (including the application of load caps).

The Auction Manager has provided a series of questions and answers regarding the Association and Confidential Information Rules that are posted to the Auction Rules page under the “bidder info” tab of the BGS Auction website. These questions and answers address a number of common situations, but do not contemplate all situations. The Auction Manager will consider all information provided by bidders with their Part 1 Application and Part 2 Application in determining whether bidders can participate in the Auction.

Please consult the Association and Confidential Information Q&A for further information relating to your questions including ACI-8, ACI-35, ACI-49, and ACI-50.

BGS-RSCP Suppliers that meet certain criteria defined in Section 6.4 of the BGS-RSCP Supplier Master Agreement (“SMA”) will be granted an Independent Credit Threshold (“ICT”). The ICT is used by the BGS-RSCP Supplier to partially or fully cover the Independent Credit Requirement (“ICR”), which is calculated by multiplying the BGS-RSCP number of tranches by the Independent Credit Requirement per Tranche (“ICRT”). The ICRT is initially set at $2.4 million per tranche.  However, the ICRT declines in accordance with the schedule included as part of Appendix B to the BGS-RSCP SMA throughout the term of the supply period. For BGS-RSCP Suppliers who cannot meet the criteria defined in Section 6.4, the posting of cash or a letter of credit in an acceptable form for the entire aggregate ICR amounts under the BGS-RSCP SMA and any other BGS SMAs the Bidder holds with this EDC will be required at the time of the execution of this Agreement.
Furthermore, as described in Section 6.7 of the BGS-RSCP SMA, the Bidder may be required to post additional security to cover any calls for margin under the Total Exposure Amount ("TEA") calculation in the form of cash or a letter of credit.  The TEA reflects the Mark-to-Market exposure of the Bidder to a specific EDC arising under all BGS-RSCP SMAs that the Bidder holds with the EDC as well as the credit exposures under any BGS-CIEP SMA that the Bidder holds with this same EDC.

Please see Article 6 of the BGS-RSCP SMA for more information

The Auction Manager provided contact information for each of the four EDCs in the Acceptable Modifications documents posted to the Contract & Credit page of the “bidder info” tab on the BGS Auction website. This contact information is to be used for informational purposes only as a modification to the Pre-Auction Letters of Credit. A hardcopy of the Pre-Auction Letter of Credit is not to be issued.

This information is available upon request from the Auction Manager.

ACE has confirmed that the data provided is accurate. 

Please note that each bidder is entirely responsible for analysis of the data provided. All data are provided for informational purposes only. The EDCs have compiled the data in good faith from sources believed by the EDCs to be reliable but do not warrant the accuracy of the data. It is the responsibility of users of the posted data to determine whether and how they should be applied; by utilizing the data, users assume all risk associated therewith.

Switching statistics can be found in the Switching Statistics matrix of the Additional Data page of the BGS Auction website and in the Aggregate, BGS-CIEP, and BGS-RSCP matrices of the Monthly Data page of the BGS Auction website.

Each product in the Auction is divided into units called tranches, each representing the same percentage of that EDC’s BGS-RSCP load in this Auction. The MW-measure of each tranche is determined on the basis of the obligation attributable to all RSCP customers (those who receive BGS and those who do not) during 2025 (called the RSCP Peak Load Share). The EDCs do not represent that each tranche will have loads of a particular value. The actual BGS-RSCP Load will depend upon many factors including customer migration to third party suppliers and weather conditions. Bidders are responsible for evaluating the uncertainties associated with BGS-RSCP Load.

This section of the RSCP Contract Insert (#P2-2) and CIEP Contract Insert (#P2-4) requires Bidders to provide the name, title, telephone number, and email address for an individual who will witness the signature of the Supplier Master Agreement (“SMA”). This individual does not need to be a notary. The individual listed in this section should be someone who will be present during the signing of the SMA and can attest to its authenticity. This individual will sign the SMA.

The referenced text from the November 21, 2025 Board Order Approving the 2026 BGS Auction Process pertains to Class I and Class II Renewable Energy Certificates (“RECs”) associated with “Committed Supply” or non-utility generation power supply to which the EDCs have existing physical or financial entitlement.  Historically, the EDCs allocated these RECs from committed supply to the BGS Suppliers reducing the BGS Suppliers’ Class I and Class II RPS obligations.  At this time, PSE&G, JCP&L, ACE, and RECO each have no committed supply and thus, have no RECs associated with committed supply that would be allocated to BGS Suppliers.

Data on the Monthly Data page of the BGS Auction site is updated on or before the 17th of each month.  Data series provided on the Additional Data page of the BGS Auction website are updated less frequently. The data provided in the BGS Data Room represents the most up-to-date data available.

As stated in Section VII.A.3 of the BGS-RSCP Auction Rules, BGS-RSCP suppliers will receive adjustments to the payments for capacity for the 2028/2029 delivery year in the event that the capacity charge for this delivery year is not known prior to the BGS-RSCP Auction. If the capacity charge for the 2028/2029 delivery year is not known at least five (5) business days prior to the start of the BGS-RSCP Auction, in the period from June 1, 2028 and May 31, 2029, an EDC’s BGS-RSCP supplier will receive payment (or will be charged) based on the difference between the capacity price paid by the BGS-RSCP supplier for that EDC and the capacity proxy price approved by the New Jersey Board of Public Utilities (the “Board”) for the same EDC.  This calculation is described in the Supplement C to the BGS-RSCP Supplier Master Agreement.

On December 17, 2025, PJM released the results of the Base Residual Auction for the 2027/2028 delivery year.  As approved by the Board, the EDCs will use the results of the Base Residual Auction for the 2027/2028 delivery year to set the capacity proxy prices for the 2028/2029 delivery year.  As such, the capacity proxy price for the 2028/2029 delivery year for each EDC is $333.69/MW-day which is the Preliminary Zonal Net Load Price for the 2028/2029 delivery year.

No. Pre-Auction Letters of Credit must be submitted from the issuing bank to the BGS Auction Manager as an electronic PDF file via electronic means only.