Attachment IV - Argonne Req and Schedule.docx

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PJM 2020
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SPE60420R0408
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Solicitation SPE60420R0408

PJM 2020

Solicitation SPE60420R0408

PJM 2020

ARGONNE NATIONAL LABORATORY

PRICING SHEET - Fixed Price

May 11, 2020

Local Distribution Company: Commonwealth Edison Company (“ComEd”)

Contract Term: 24-Month Period starting with Argonne’s January 2021 delivery period and ending with the December 2022 delivery period. i.e., start on or about December 30, 2020 and end on or about December 30, 2022. Argonne is listed as a Meter Bill Group 20 and supplier to confirm actual January 2021 delivery dates (i.e. ComEd meter read date)[footnoteRef:1]. [1: Recent ComEd meter reads have been on the Meter Group 18 date.]

Historical Annual Usage

Peak and off-peak hours are based on Commonwealth Edison Company’s (“ComEd’s”) definition of Retail Peak Period and Retail Off-Peak Period in its terms and conditions.

24-Month Projected Usage

Est. Contract Peak kWh 233,283,480 Est. Contract Off-Peak kWh 353,820,188 Est. Total kWh 293,551,834

Fixed Price Components

A. Fixed Peak Price: _______ cents per kWh x 233,283,480kWh = Total On-Peak Price B. Fixed Off-Peak Price: _______ cents per kWh x 353,820,188kWh = Total Off-Peak Price C. Total On-Peak Price + Total Off-Peak Price = Evaluated Price

The Fixed Energy Prices are to be based on ComEd peak and off-peak periods and must include ALL PJM ancillary service and ISO related costs not identified in the pass-through components.

Defined peak and off-peak hours are based on ComEd’s definition of Retail Peak Period and Retail Off-Peak Period in its terms and conditions. Retail Peak Period is defined as 9 AM to 10 PM, Monday through Friday, except on days designated as holidays by the NERC. Retail Off-Peak Period is defined as all hours other than those included in the Retail Peak Period.

Pass-Through Components

1. PJM Transmission Costs: Direct pass-through of PJM Network Integration Transmission Service Rate (“NITS”) for Commonwealth Edison Company based on Argonne’s Network Service PLC.

Formula:

Argonne Network PLC x Annual NITS 366 Days = Daily Price Current Cost: 51.667 MW x $33,116.34 per MW per year 366 = $4,674.92 per day

PJM NITS subject to change each June 1 and Argonne’s PLC subject to change each January 1. Monthly costs should be prorated when costs change during a mid-month billing cycle.

All other transmission related costs, including enhancement charges, must be included in the Fixed Energy Price.

Monthly invoice price should be pro-rated if transmission rate or ANL PLC changes during a billing period.

2. PJM Capacity Costs: Direct pass-through of PJM Capacity Rate for Commonwealth Edison Company based on Argonne’s Capacity PLC. Daily charge will be assessed during monthly billing period based on the PJM Locational Reliability Charge and Argonne’s Capacity PLC assigned by ComEd.

Formula:

Current Argonne’s Capacity PLC MW35.10 MW
Zonal Scaling Factor Adjustmentx 1.1404
FPR Pool Requirement Adjustmentx 1.0895
Adjusted Capacity MW:= 43.61 MW
June 1, 2019 PJM Auction Price :$192.56 per MW day
Current Daily Capacity Cost:= $8,397.65 per day

All other capaity related costs must be included in the Fixed Energy Price.

PJM capacity price, scaling factors, pooling requirements, and Argonne PLC subject to change each June 1. Monthly costs should be prorated when costs change during a mid-month billing cycle.

3. Loss Factors: Direct pass-through of distribution and transmission losses.

4. Direct Pass-Through Reliability Must Run and FERC Order 745:

Direct pass-through of these charges.

APPENDIX I

EXPECTED INVOICE COMPONENTS AND FORMAT

Source Selection Information See FAR 2.101 and FAR 3.104 Source Selection Information See FAR 2.101 and FAR 3.104 image1.emf image2.emf

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