Average Mid. Note: For a monthly forward price from a broker to be included, both bid and offer must be available. EXAMPLE Table 5 - Data set on the Closing Day of the Auction Energy (MWh/tranche) On-Peak Load per Tranche Off-Peak Inception Current Change in Change in Load per On-Peak Day On- On-Peak Off-Peak MtM Tranche Price Peak Price Price Price1 (MWh) (MWh) Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Total Note: Inception on-peak price is equal to on-peak price set on the closing day of the auction. 1 Change in on-peak price multiplied by ratio of off-peak price to on-peak price. APPENDIX C TO BGS-RSCP SUPPLIER MASTER AGREEMENT, DATED , 2020, BY AND BETWEEN AND THE BGS-RSCP SUPPLIERS Sample BGS-RSCP Letter of Credit (Date) Letter of Credit No. To: [One of the following: Atlantic City Electric Company or Jersey Central Power & Light Company or Public Service Electric and Gas Company or Rockland Electric Company] (“Beneficiary”) Attention: [name, title, address]
Average Mid. Broker Bid/Offer Dec- 2122 Jan- 2223 Feb- 2223 Mar- 2223 Apr- 2223 May- 2223 Broker 1 Bid Broker 1 Offer Broker 2 Bid Broker 2 Offer Broker 3 Bid Broker 3 Offer Average Mid Table 2 - Example of Historical Energy Prices, and ratio of Off-Peak to On-Peak Price Broker Sheets (Quotes from Auction Closing Day) Month Historical Average Price Historical Ratio of Off-Peak to On-Peak Price January February March April May June July August September October November December Table 3 - Data set on the Closing Day of the Auction Energy (MWh/Tranche ) On-Peak Volume1 Off-Peak Volume2 On-Peak Price3 Off-Peak Price4 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 1 On-peak and off-peak volumes will be adjusted monthly. 2 On-peak and off-peak volumes will be adjusted monthly. 3 Forward price (if available). If not available, adjusted historical average price will be used. 4 On-peak price multiplied by the historical off-peak/on-peak ratio. Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 EXAMPLE Broker Bid/Offer Jun- 2122 Jul- 2122 Aug- 2122 Sep- 2122 Oct- 2122 Nov- 2122 Broker 1 Bid Broker 1 Offer Broker 2 Bid Broker 2 Offer Broker 3 Bid Broker 3 Offer Table 4 - Data on Day 1 of the Supply Period Broker sheets on day 1 of the Supply Period Average Mid Broker Bid/Offer Dec- 2122 Jan- 2223 Feb- 2223 Mar- 2223 Apr- 2223 May- 2223 Broker 1 Bid Broker 1 Offer Broker 2 Bid Broker 2 Offer Broker 3 Bid Broker 3 Offer
Average Mid. Table 4 - Data on Day 1 of the Supply Period Broker sheets on day 1 of the Supply Period Broker Bid/Offer Dec- 2122 Jan- 2223 Feb- 2223 Mar- 2223 Apr- 2223 May- 2223 Broker 1 Bid Broker 1 Offer Broker 2 Bid Broker 2 Offer Broker 3 Bid Broker 3 Offer
Average Mid. Note: For a monthly forward price from a broker to be included, both bid and offer must be available. EXAMPLE Table 5 - Data set on the Closing Day of the Auction Energy (MWh/trancheTranche) On-Peak Load per Tranche Off-Peak Inception Current Change in Change in Load per On-Peak Day On- On-Peak Off-Peak MtM Tranche Price Peak Price Price Price1
