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Provider Of Last
Resort (POLR) Information
The Maryland Public Service
Commission approved on April 29, 2003, a settlement that
established POLR for
all utilities in Maryland. POLR provides a new fixed price
market based Standard Offer Service for customers when Price Freeze
Service ended and no electricity supplier has been selected. This is being
done to continue the smooth transition to Customer Choice. POLR
provides for market-based rate plans depending on the customer segment
and/or Capacity Peak Load Contribution level.
POLR
Rates
BGE will make a best effort to communicate new
POLR Rates to electricity suppliers at
least 2 months prior to the beginning of each service year. The
BGE Retail Electric Service Tariff and BGE web site will be updated to reflect
the new
POLR Rates. The price
structure for each plan will be similar to the current Tariff
schedules with the seasonal and Time-of-Use (TOU) components.
Electricity suppliers should be aware that
BGE's
Energy Cost Adjustments need to be added to the
POLR Rates to reflect the total POLR
charge for all non-residential customers. In addition the
Administrative Cost Adjustments must be added to BGE's
distribution charges to reflect the total BGE distribution charge for
all customers.
POLR
Price to Compare prices represent average annual rates for the market
priced Standard Offer Service type and do not reflect TOU or seasonal
differences.
Procurement Process
Pricing for all of the POLR plans (with the
exception of the Hourly-Priced Non-Residential Service) will be based
upon BGE's wholesale procurement cost of electric power plus
transmission, other PJM charges, administrative costs, and applicable
taxes. BGE's wholesale procurement cost for electric power will be
determined through a competitive bidding process for supply contracts
with terms ranging from 3 months to 2 years. The schedule for the current
wholesale procurement process can be found at the
General Info link at BGE's
Standard Offer Service Request For Proposals web site. Below is
a brief summary of the current procurement process:
RESIDENTIAL
o
50%
load obtained from Dec 05 – Feb 06 procurement
o
50% load obtained from Jan 07 - Feb 07 procurement
o
50% load obtained from Dec 05 – Feb 06 procurement
o
37.5% load obtained from Jan 07 - Feb 07 procurement
o
12.5%
load to be obtained from Apr 07 procurement
o
Two year contracts with two procurements per year
o
Each procurement represents 25% of the load
o
Contracts beginning in June will be 25% procured in October of the
previous year
o
Contracts beginning in October will be 25% procured in April of that
year
TYPE I
o
40% load obtained from Dec 05 – Feb 06 procurement
o
60% load obtained from Jan 07 - Feb 07 procurement
o
New definition for Type I goes into effect
o
Two year contracts with two procurement per year
o
Each procurement represents 25% of the load after the initial phase in
period
o
No
timelines for procuring loads for contracts that begin in June and
October have yet been established by the PSC
TYPE II (Effective 6/1/07)
-
Combines Types
II A and II B to Type II
-
Contracts are 3
months with quarterly procurements
-
Each procurement
represents 100% of the load
-
Timelines for
contracts and procurements are:
o
Contracts beginning in June will be 100% procured in February of
that year
o
Contracts beginning in September will be 100% procured in June of that
year
o
Contracts beginning in December will be 100% procured in October of
that year
o
Contracts beginning in March will be 100% procured in January of that
year
INTERVAL METERED ACCOUNTS
-
Accounts with
Capacity PLCs > 600 kW not enrolled with an electricity
supplier are required to be on hourly pricing
-
Accounts with
Capacity PLCs > 550 kW and < 600kW are required to have
interval meters but are not eligible for hourly service (Effective
6/1/07)
-
Accounts with
Capacity PLCs > 500 kW and < 600kW are required to have
interval meters but are not eligible for hourly service (Effective
6/1/08)
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