OAR 860-038-0100
Auction Process

(1)

Each electric company must follow the process provided in sections (2) and (3) of this rule for all generating resources, or portions thereof, that it intends to sell pursuant to the Resource Plan, unless it presents to the Commission, and the Commission approves, an alternative process.

(2)

The auction process will be the process adopted by the Commission in Order No. 99-765, except that affiliates of the electric company may participate in the auction as eligible buyers, in which case the auction will be subject to such requirements to assure independent decision making as the Commission may determine.

(3)

Unless otherwise provided in the Resource Plan, the electric company shall not begin its auction process until the Commission issues a final order valuing all of the electric company’s Oregon share of generating resources pursuant to a process to be established by rule.

(4)

Notwithstanding section (3) of this rule, the electric company may, at its option, immediately auction all or a portion of generating resources identified by the Commission as exempt from section (3) of this rule. Any such auction will be subject to ORS 757.480 (Approval needed prior to disposal, mortgage or encumbrance of certain operative utility property or consolidation with another public utility) and OAR 860-027-0025 (Applications for Authority to Sell, Lease, Assign, Mortgage, Merge, Consolidate or Otherwise Dispose of or Encumber its Property, or to Acquire Stock, Bonds, or Property of Another Utility).

(5)

The electric company shall recover through the transition balancing account the costs of an auction process, including but not limited to the reasonable costs of investment bankers and other advisors.

Source: Rule 860-038-0100 — Auction Process, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=860-038-0100.

860‑038‑0001
Scope and Applicability of Rules 860‑038‑0005
Definitions for Direct Access Regulation 860‑038‑0080
Resource Policies and Plans 860‑038‑0100
Auction Process 860‑038‑0140
Ongoing Valuation 860‑038‑0160
Transition Costs and Credits 860‑038‑0200
Unbundling 860‑038‑0220
Portfolio Options 860‑038‑0240
Cost-of-Service Rate 860‑038‑0250
Nonresidential Standard Offer 860‑038‑0260
Direct Access 860‑038‑0275
Direct Access Annual Announcement and Election Period 860‑038‑0280
Default Supply 860‑038‑0300
Electric Company and Electricity Service Suppliers Labeling Requirements 860‑038‑0340
Electric Company Ancillary Services 860‑038‑0360
Electric Company Customer Metering Requirements 860‑038‑0380
Aggregation 860‑038‑0400
Electricity Service Supplier Certification Requirements 860‑038‑0410
Scheduling 860‑038‑0420
Electricity Service Supplier Consumer Protection 860‑038‑0445
Coordination of Supplier Changes and Billing 860‑038‑0450
Location of Underground Facilities 860‑038‑0460
Construction, Safety, and Reporting Standards for Electricity Service Suppliers 860‑038‑0470
Attachments to Poles and Conduits Owned by Public, Telecommunications, and Consumer-Owned Utilities 860‑038‑0480
Public Purposes 860‑038‑0500
Code of Conduct Purpose 860‑038‑0520
Electric Company Name and Logo 860‑038‑0560
Treatment of Competitors 860‑038‑0580
Prevention of Cross-subsidization Between Competitive Operations and Regulated Operations 860‑038‑0590
Transmission and Distribution Access 860‑038‑0600
Joint Marketing and Referral Arrangements 860‑038‑0620
Access to Books and Records 860‑038‑0640
Compliance Filings 860‑038‑0700
Definitions for New Large Load Direct Access Program 860‑038‑0710
Requirement to Enable a New Large Load Direct Access Program 860‑038‑0720
Nonresidential Standard Offer, Default Supply, and Return to Cost of Service 860‑038‑0730
New Large Load Eligibility Requirements 860‑038‑0740
New Large Load Program Enrollment and Rates 860‑038‑0750
De-Enrollment Due to Failure to Meet Load Standard 860‑038‑0760
Reporting
Last Updated

Jun. 8, 2021

Rule 860-038-0100’s source at or​.us