Supplier Information - AEP Energy

History
With our broad scope and scale and our full range of capabilities across the energy spectrum, AEP Energy is uniquely positioned to provide customized solutions to your organization’s unique challenges. We can serve as your full-service energy partner, helping you understand your choices, develop solutions and execute strategies that meet your needs and fit within your constraints. When you partner with AEP Energy, know you’re with a financially robust company, who values integrity, and has a historical legacy built on energy innovation, who’s on your side
Headquarters
225 West Wacker Drive, Suite 600, Chicago, IL 60606; AEPenergy.com; 866-258-3782
Credit Requirements
POR & DnB
ETF
If Customer’s Historical Annual Usage is less than or equal to fifty (50) MWhs, the Settlement Amount shall be equal to the number of months remaining in the Term multiplied by ten dollars ($10). For example, if this Agreement is terminated two (2) months early, two (2) months x ten dollars ($10) per month = twenty dollar ($20) Settlement Amount. - If Customer’s Historical Annual Usage is greater than fifty (50) MWhs but less than or equal to two hundred-fifty (250) MWhs, the Settlement Amount shall be equal to the number of months remaining in the Term multiplied by fifty dollars ($50). For example, if this Agreement is terminated two (2) months early, two (2) months x fifty dollars ($50) per month = one hundred dollar ($100) Settlement Amount. - If Customer’s Historical Annual Usage is greater than two hundred-fifty (250) MWhs but less than or equal to five hundred (500) MWhs, the Settlement Amount shall be equal to the number of months remaining in the Term multiplied by one hundred-fifty dollars ($150). For example, if this Agreement is terminated two (2) months early, two (2) months x one hundred-fifty dollars ($150) per month = three hundred dollar ($300) Settlement Amount. - If Customer’s Historical Annual Usage is greater than five hundred (500) MWhs, the Settlement Amount shall be equal to (a) Contract Value minus Wholesale Market Value (if Customer is the Defaulting Party) or (b) Retail Market Value minus Contract Value (if AEP Energy is the Defaulting Party)
LF Requirement
35% or higher
Swing %
100%
Bill Type
UCB (ComEd & IL have the option of UCB or SCB)
Add/Delete
Depends on the number of accounts and annual usage
Accept CC
No
Online Portal
For customers in IL that are SCB