UGI Utilities » Electric Service » Wholesale Suppliers
RE: Request for Proposal (RFP) to Purchase Electric Default Service Supplies
- Read FAQ
- View RFP Supply Schedule (PDF)
- Proposed plan the for the development of rates for 2010 and beyond (View Letter ~ View Filing)
UGI Utilities – Electric Division (“UGI”) is seeking electric supplies to serve a portion of its Default Service requirements beginning January 2010. The Request for Proposals (“RFP”) and bidding details are attached hereto.
- On July 17, the Pennsylvania Public Utility Commission (“PUC”) approved UGI’s petition for a Default Service Supply Plan in Docket No. P-2008-2022931, to be effective January 1, 2010. This plan established the mechanism by which UGI will acquire supplies for its customers that are not being served by an alternate generation supplier and conforms to new regulations that were published by the PUC in 2007. UGI’s plan approved by the PUC utilizes a competitive solicitation process to secure these supplies. Therefore, UGI is issuing this RFP requesting bids on certain quantities of energy as specified in the RFP. All acquisitions made through RFP’s will be monitored by a third party, Pace Global Energy Services, LLC (“Pace”), to ensure a fair and unbiased process.
The schedule for the RFP is as follows:
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Responses to this RFP will be submitted through e-mail to ugirfp@ugi.com. Questions pertaining to this RFP can also be sent through the same email up to 12:00 p.m. on August 26, 2008.
- Through this e-mail address, both UGI and Pace will receive your bid and will independently evaluate the responses and determine the winning bidders. Once the winning bidders are determined, the results must be forwarded to the PUC, which will either accept or reject the winning bids. UGI will also notify winning bidders of their tentative selection as a winning bidder. Therefore, all bids must remain open until the end of the business day following submission. While UGI can not dictate a timeline to the PUC, it is hoped the PUC will approve the results of the RFP within 24 hours of the bid deadline. The PUC regulations state that it will issue its decision within one business day. Immediately following the PUC’s decision, UGI will then immediately contact the winning bidders by telephone to confirm the transaction(s). Confirmation agreements would then be exchanged to finalize the transaction.
In order to have bids considered, there must be a fully executed EEI or ISDA contract. Since we have an EEI contract with you, we will continue to use that contract for any purchases made under the RFP. However, under the terms of the approved Default Service Plan, new EEI or ISDA contracts will have to be in place for purchases made after December 31, 2009. The basic framework of the contracts was set forth in UGI’s filing and will be provided upon request.
The criteria for selecting winning bids is price. However, no supplier can supply more than 33% of supplies during a supply period. In the event of identical winning bids, UGI will select the supplier that is providing the least amount of energy during the applicable supply period. If this does not determine a winning bid, the winning bidder will be determined randomly by Pace.
Very truly yours,
David C. Beasten
Director – Power Supply and Rates
UGI Utilities, Inc. – Electric Division
Request for Proposal
August 6, 2008
- UGI Utilities, Inc. – Electric Division (UGI) is seeking quotes for supplying the following packages of energy for its Default Service supplies for its Group One customer group. Bids must conform to the standards approved by the Pennsylvania Public Utility Commission (PUC) in UGI’s Default Service Supply filing (Docket No. P-2008-2022931).
- All bids must remain open until the end of the business day following submission to UGI to allow the Pennsylvania PUC time to review and approve the winning bids.
- All bids must be submitted by e-mail to ugirfp@ugi.com by August 27, 2008 at Noon E.T..
- Bidders are free to submit bids for as many months as desired. The individual months should be priced separately. For determining the winning bidder, each month will be evaluated individually.
- Supplies will be physical firm.
- The EEI or ISDA Contract between UGI and the counter party will control all transactions completed under this RFP.
- Winning bids will be determined by price, subject to the provision no one supplier can supply more than one-third of UGI’s expected annual requirements for a customer group. In the event two or more bids are received that contain identical prices, the ties will be broken by selecting the bid of the counter party that is otherwise providing the least amount of power to the customer group during the supply period in question. If this method does not break the tie, the winning bidder will be chosen at random by Pace Global Energy Services, LLC.
- All bids must be submitted in U.S. dollars.
- Energy Requested
Delivery Point PJM Western Hub
Supply Type 7x24 (Around the Clock) physical firm
Term of Delivery and Quantity January / February 2010 40 Mw
March 2010 35 Mw
May 2010 25 Mw
September 2010 15 Mw
October – December 2010 25 Mw
January – February 2011 25 Mw
March 2011 20 Mw
Delivery Point PJM Western Hub
Supply Type 5x16 (On Peak) physical firm
Term of Delivery and Quantity April 2010 5 Mw
May 2010 10 Mw
June 2010 15 Mw
September 2010 5 Mw
October – December 2010 5 Mw
10. A Bid Response Form is attached. Bids must be submitted on this form to be considered by UGI.
UGI Utilities, Inc. – Electric Division
Request for Proposal Response Form
August 6, 2008
This bid is submitted in response to UGI Utilities, Inc. – Electric Division (UGI) Request for Proposal dated August 6, 2008.
Supplier Name ___________________________
Supply Type 7x24 (Around the Clock)
Term of Delivery |
Delivery Point |
Quantity |
Price |
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(Mw) |
($/Mwh) |
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January – February 2010 |
PJM Western Hub |
40 Mw |
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March 2010 |
PJM Western Hub |
35 Mw |
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May 2010 |
PJM Western Hub |
25 MW |
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September 2010 |
PJM Western Hub |
15 Mw |
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October – December 2010 |
PJM Western Hub |
25 Mw |
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January – February 2011 |
PJM Western Hub |
25 Mw |
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March 2011 |
PJM Western Hub |
20 Mw |
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Supply Type 5x16 (On Peak)
Term of Delivery |
Delivery Point |
Quantity |
Price ($/Mwh) |
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(Mw) |
($/Mwh) |
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April 2010 |
PJM Western Hub |
5 Mw |
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May 2010 |
PJM Western Hub |
10 Mw |
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June 2010 |
PJM Western Hub |
15 Mw |
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September 2010 |
PJM Western Hub |
5 Mw |
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October – December 2010 |
PJM Western Hub |
5 Mw |
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All bids must be submitted by e-mail to ugirfp@ugi.com by August 27, 2008 at Noon E.T..
Bids are subject to the EEI or ISDA agreement dated_______________________ between UGI and _________________________.
Bids will remain open for one business day following the deadline for bids to be received. Winning bidders have two business days to complete the Confirmation Agreement.
UGI Utilities, Inc. – Electric Division
Request for Proposal
August 6, 2008
- UGI Utilities, Inc. – Electric Division (UGI) is seeking quotes for supplying the following packages of energy for its Default Service supplies for its Group One customer group. Bids must conform to the standards approved by the Pennsylvania Public Utility Commission (PUC) in UGI’s Default Service Supply filing (Docket No. P-2008-2022931). UGI is under no obligation to accept any bids in this request.
- All bids must remain open until the end of the business day following submission to UGI to allow the Pennsylvania PUC time to review and approve the winning bids.
- All bids must be submitted by e-mail to ugirfp@ugi.com by August 27, 2008 at Noon E.T.
- Bidders are free to submit bids for as many months as desired. The individual months should be priced separately. For determining the winning bidder, each month will be evaluated individually.
- Supplies will be physical firm.
- The EEI or ISDA Contract between UGI and the counter party will control all transactions completed under this RFP.
- Winning bids will be determined by price, subject to the provision no one supplier can supply more than one-third of UGI’s expected annual requirements for a customer group. In the event two or more bids are received that contain identical prices, the ties will be broken by selecting the bid of the counter party that is otherwise providing the least amount of power to the customer group during the supply period in question. If this method does not break the tie, the winning bidder will be chosen at random.
- All bids must be submitted in U.S. dollars.
- Energy Requested
Delivery Point PJM Western Hub
Supply Type 7x24 (Around the Clock) physical firm
Term of Delivery and Quantity April 2010 25 Mw
June 2010 25 Mw
July – August 2010 25 Mw
April 2011 25 Mw
May 2011 25 Mw
June 2011 15 Mw
July – August 2011 15 Mw
September 2011 25 Mw
October – December 2011 15 Mw
January – February 2012 25 Mw
March 2012 10 Mw
April 2012 10 Mw
May 2012 15 Mw
June 2012 15 Mw
July – August 2012 15 Mw
September 2012 15 Mw
October – December 2012 15 Mw
January – February 2013 25 Mw
March 2013 25 Mw
April 2013 25 Mw
May 2013 15 Mw
Delivery Point PJM Western Hub
Supply Type 5x16 (On Peak) physical firm
Term of Delivery and Quantity July – August 2011 10 Mw
January – February 2012 5 Mw
May 2012 10 Mw
June 2012 10 Mw
July - August 2012 10 Mw
September 2012 5 Mw
May 2013 10 Mw
10. A Bid Response Form is attached. Bids must be submitted on this form to be considered by UGI.
UGI Utilities, Inc. – Electric Division
Request for Proposal Response Form
August 6, 2008
This bid is submitted in response to UGI Utilities, Inc. – Electric Division (UGI) Request for Proposal dated August 6, 2008. UGI is not obligated to accept any of these requests
Supplier Name ___________________________
Supply Type 7x24 (Around the Clock)
Term of Delivery |
Delivery Point |
Quantity |
Price |
|
|
(Mw) |
($/Mwh) |
|
|
|
|
April 2010 |
PJM Western Hub |
25 Mw |
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June 2010 |
PJM Western Hub |
25 Mw |
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July – August 2010 |
PJM Western Hub |
25 Mw |
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April 2011 |
PJM Western Hub |
25 Mw |
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May 2011 |
PJM Western Hub |
25 Mw |
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June 2011 |
PJM Western Hub |
15 Mw |
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July – August 2011 |
PJM Western Hub |
15 Mw |
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September 2011 |
PJM Western Hub |
25 MW |
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October – December 2011 |
PJM Western Hub |
15 Mw |
|
January – February 2012 |
PJM Western Hub |
25 Mw |
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March 2012 |
PJM Western Hub |
10 Mw |
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April 2012 |
PJM Western Hub |
10 Mw |
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May 2012 |
PJM Western Hub |
15 Mw |
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June 2012 |
PJM Western Hub |
15 Mw |
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July – August 2012 |
PJM Western Hub |
15 Mw |
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September 2012 |
PJM Western Hub |
15 Mw |
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October – December 2012 |
PJM Western Hub |
15 Mw |
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January – February 2013 |
PJM Western Hub |
25 Mw |
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March 2013 |
PJM Western Hub |
25 Mw |
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April 2013 |
PJM Western Hub |
25 Mw |
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May 2013 |
PJM Western Hub |
15 Mw |
|
Supply Type 5x16 (On Peak)
Term of Delivery |
Delivery Point |
Quantity |
Price ($/Mwh) |
|
|
(Mw) |
($/Mwh) |
|
|
|
|
July – August 2011 |
PJM Western Hub |
10 Mw |
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January – February 2012 |
PJM Western Hub |
5 Mw |
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May 2012 |
PJM Western Hub |
10 Mw |
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June 2012 |
PJM Western Hub |
10 Mw |
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July - August 2012 |
PJM Western Hub |
10 Mw |
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September 2012 |
PJM Western Hub |
5 Mw |
|
May 2013 |
PJM Western Hub |
10 Mw |
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All bids must be submitted by e-mail to ugirfp@ugi.com by August 27, 2008 at Noon E.T..
Bids are subject to the EEI or ISDA agreement dated_______________________ between UGI and ________________________.
Bids will remain open for one business day following the deadline for bids to be received. Winning bidders have two business days to complete the Confirmation Agreement.
