Duquesne Light Company's Default Service Plan

PJM

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Question: On February 27, 2022, PJM announced BRA prices for the 2024/2025 Planning Year. Will the Capacity Proxy Price still be used by Duquesne for the 2024/2025 Delivery year?

Answer: No, that Capacity Proxy Price will not be used. BRA results announced by PJM on February 27, 2023, for the 2024/2025 PJM Planning Year are not preliminary results. The announcement of BRA prices means that the Company will not consider using a Capacity Proxy Price for any POLR auction products with exposure to the 2024/2025 PJM Planning Year.

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Question: When will winning suppliers know the paths they are awarded? Will it be by end of March 2026 so they can participate in the annual FTR auction?

Answer: Wholesale suppliers that are not currently serving load beyond 6/1/26 will not be able to participate in the ARR/FTR auction. Duquesne Light Company will participate in the auction, making selections on behalf of the load that begins on 6/1/26. After the Duquesne Light March 2026 DS auction and the ARR/FTR auction are completed, the results will be shared with winning suppliers.

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Question: Will winning bidders of the 24 Months Residential and Small C&I tranches in the September 2026 auction be responsible for costs allocated from this Reliability Backstop Procurement (RBP)?

Answer: Because the initial allocation of Initial RBP Target to DLCO is 0 MW, DLCO wholesale suppliers will not have a share of the RBP Target (Initial or Final) and will not be allocated RBP Charges (see PJM and CRA Reliability Backstop Procurement Presentation). This position is based on publicly available information provided by PJM and is subject to the outcome of the pending tariff available in FERC Docket: ER26-3380. Additionally, Residential and Commercial customers are not expected to incur RBP costs (should there be any), according to the proposed rules. 

FAQs Disclaimer

The information provided in the Frequently Asked Questions (“FAQs”) section of the Site has been prepared by Duquesne and its advisors for the purposes of facilitating the Default Service auction process. The information presented and distributed here is subject to update, modification and/or amendment. The information is current as of the posting date. The material presented and distributed here is for informational purposes only and is made available with the understanding that any individual accessing it will use it for the sole purpose of participating in the aforementioned Default Service auction process. The information is not intended to form any part of the basis of any investment decision, valuation, or any bid that may be submitted during the Default Service auction process. This information should not be relied upon, and each recipient should make its own independent assessment of the subject opportunity after making all investigations it deems necessary.

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