Were always looking ahead, and our innovations in the industryfrom new nuclear to deployment of electric transportation and renewables help brighten the lives and businesses of millions of customers nationwide. You may enroll in the Plan through Internet Enrollment or by submitting a completed Account Authorization Form. This can involve using a certified disposal company. Southern Companys electric operating company Georgia Power is currently building the first new nuclear units in the United States in the last three decades. Sign in to get started bidding on one of our online/timed auctions using Proxibid. Most investment recovery professionals use this option quite frequently. ", https://www.socowmkt.oati.com/socowmkt/sys-login.wml, http://www.southerncompany.com/about-us/energy-auction/historical-bids-and-offers.html, Energy Auction Clearing Methodology (Phase IIThird Party Sellers), How to use the Multi-Hour Bid/Offer Entry Screen, Accessing the Southern Company Energy Auction software, Establishing & maintaining credit limits and company blocking, Failure to properly take delivery of energy. Here is where you can easily find surplus capital equipment for chemical process equipment and related operations, as well as . Find comprehensive auctions and compliance information. While Atlanta is our home, we bring energy to homes and businesses across the country. The Phase IIParticipant Agreementmust be executed by all Participants, and the OATI Non Disclosure Agreement (Annex B of Participant Agreement) must be executed by those who did not execute during Phase I. For recallable energy and hourly transactions in which the seller is not Southern Company and the buyer does not properly take delivery of the purchased energy, buyer and seller will mutually agree to appropriate compensation. Email: shareholderservices@southernco.com. Don't have an account? Please click herefor more information. Annual investment maximum of $300,000. We are developing and deploying resilient, sustainable and economical energy solutions you can depend on no matter the storm. General Background Information Business Practices Announcement There are a large number of other processes that fall under each of these areas. Welcome to Boeing Investment Recovery Please select a sales or auction type from the navigation bar at top. In the event that an idle asset can not be redeployed, it should be quickly sold, scrapped, recycled, donated, or disposed. Contact Information. Through our PGA TOUR partnership, over $40 million has been donated in our communities to fund education, wellness programs & neighborhood revitalization. These items are typically sold as they retire from service to make way for new fleet cars, trucks, and equipment. Investment recovery, also called asset recovery or resource recovery, is the process of recouping the value of unused or end of life assets. The hour-ahead energy auction will take place each hour of the day, 24 hours a day, seven days a week, including NERC holidays. Timing of the Hour-Ahead Auction: Currently, the Hour-Ahead Auction opens at 75 minutes prior to the beginning of the Delivery Hour and closes 60 minutes prior to the beginning of the Delivery Hour. AAA CREDIT SERVICE COLLECTION AGENCY, INC. Accounts Receivable Automated Solutions Inc. Advance America, Cash Advance Centers of California, LLC, Advance America; Advance America, Cash Advance; Advance America, Cash Advance Centers, Associated Management Company Incorporated, Atlantic Credit & Finance Special Finance Unit III, LLC, Atlantic Credit & Finance Special Finance Unit, LLC, Bureaus Investment Group Portfolio No. Southern Company system employees are inextricably woven into the communities we are privileged to serve. There are many ways to sell an asset that range from a fixed price sale, private sale, negotiated sale, auction, sealed bid, consignment, or outsourced sale. The implementation of the energy auction will begin on April 23, 2009. Investment recovery programs can be centralized or decentralized. Building the future of energy is a big mission, and were honored to take it on. Southern Company currently is providing auction participants free of charge one (1) administrator login ID and up to three (3) user login IDs. Synchrony Global Services Philippines, Inc. Synchrony International Services Private Limited. Project continues pathway of U.S. Department of Energy Advanced Reactor Concepts (ARC-15) program to promote design, construction and operation of Generation-IV nuclear reactors. Southern Company. On Oct. 17, 2008, Southern Company filed with the Federal Energy Regulatory Commission (FERC) amendments to its Market-Based Rate Tariff to incorporate a must-offer, bid-based energy auction. Search in item name and keyword list. Auctions work well when there are several buyers for an item. At Southern Company, our total rewards play an important part in who we are as a company and how we attract, engage and retain the best talent. Our values set us apart, and they make us who we are. Employees routinely work under conditions that require exceptional safety measures and awareness. It can also involve taking pictures of the asset or following another standard asset cataloging procedures. Information about Phase I of the Energy Auction. Southern Company is honored to be a preferred energy partner for the U.S. Department of Defense (DOD) and federal agencies across the country. Recallable energy transactions that are not fully delivered because they were recalled will be prorated based upon the actual MW delivered (i.e., neither party will be held responsible for the undelivered MW). Auction participants are responsible for obtaining and managing these OATI digital certificates to the auction software. Joint Venture II, A Limited Partnership, Debt Recovery Attorneys, A Professional Corporation. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. var AFT = "JQOOWFFTTMUGNQFXOLULSCD2WLS1Z9NJP6BJT9TCPUDLQKDFOSUQ86DLQ2D6O3UB8EDN63Q4DAOHUD3YG92MQ0DDO9U23NGU3U1T3W4MQH2MV7TG4GQRDTOVUQ47BH4C31QPDQO5UN4RB1581OQW2OVETXQCNBQVDIOUUK8OD5BOEVERM3J1THUWJDO8H5SDFPGZFES5SCBSMPF9OAUXSBJFFKTD"; Please take a moment to complete the questions below. // Browser cannot post to SSL path unless it is the same domain. We value your feedback and look forward to hearing from you. Weve made our name as a leading producer of clean, safe, reliable and affordable energy, and we approach each day as a vital step in building the future of energy. 24x7 Support: (763)-205-7099. 2022 Moving to Equity report outlines Southern Companys commitment to DE&I, progress and actions taken to advance equity. Southern Company. Sourcing & Procurement Guides On Oct. 17, 2008, Southern Company filed with the Federal Energy Regulatory Commission (FERC) amendments to its Market-Based Rate Tariff to incorporate a must-offer, energy auction. Were always looking ahead, and our innovations in the industryfrom new nuclear to deployment of electric transportation and renewables help brighten the lives and businesses of millions of customers nationwide. This limit within the software will be synchronized to the company's official credit limit, as maintained by Southern Company, on a regular basis (numerous times daily). As we make smarter moves for our climate, we are delivering a more reliable and resilient system and advancing diversity, equity and inclusion in our workplace and in our communities. Division of Consumer Financial Protection, Division of Corporations and Financial Institutions, Licensee & Financial Service Provider Search, Actions, Order and Administrative Hearing Decisions, Central Locations for Service of Legal Process, Office of Financial Technology Innovation, Licensees and Industries Regulated by the DFPI, Actions, Orders and Administrative Hearing Decisions, "Northern California Collection Service, Inc.", A.R.C. The Brattle Group currently serves as the IAM for the energy auction. When we have company assets we need to sell - such as old office equipment, industrial equipment or other surplus materials - Consumers Energy turns to our Investment Recovery Center, located in Jackson, Michigan. The only option for the piece of equipment is to sell it for scrap value. To make a request to purchase energy offered through the day-ahead energy (DAE) Auction or hour-ahead energy (HAE) Auction, auction participants must submit a bid in the appropriate auction. It also builds goodwill for the organization when the donations go to a worthy cause that is recognized by the surrounding community. This is how Columbia Trust Company thinks about trust servicesan opportunity to honor your unique legacy, whatever that might be. Bid/Offer Spread: The criteria applicable to the posting of Energy Auction bid/offer spreads are being revised. Offers also must indicate whether the offer block can be partially cleared or must be cleared "full" (i.e., all or nothing). Into GTC Auctions: In response to requests from participants, an auction system for the HourAhead Non-firm product and the Day-Ahead Firm Liquidated Damages (Firm LD) product deliverable into the Georgia Transmission Company (i.e., Into GTC) is now under development. Welcome to the surplus sales site of The Dow Chemical Company! The IAM shall be responsible for ensuring that the energy auction is administered in accordance with the"Rules of the Energy Auction"and that Southern Company participates in accordance with the"Rules on Southern Companies' Energy Auction Participation." The asset is listed for a specific price and if the buyer likes the price, the buyer will purchase it. Investment Recovery Association Mailing Address PO Box 419264 Kansas City, MO 64141-9264. IRC Surplus is a surplus company that buys and sells everything! By effectively divesting the asset, the organization can quickly obtain cash that can then be used to invest back into the business. Safety is a core value throughout the Southern Company system. Use constitutes acceptance of General Website Terms and Conditions. This is because asset sales and scrapped equipment are usually booked as revenue to the organization. Seller Participants have the option to set up resource plans so that scheduling sources are automatically provided when a transaction match is created. For detailed information regarding the rules and regulatory framework of the Southern Company Energy Auction, please seeAuction Rules and Compliance. Bid blocks will be rejected where the bid price is lower than seller offer prices. Donations can also provide goodwill and a tax benefit. var xmlhttp0POST = '{"ProfileIDsCSV" : "' + profileidcsv + '","ListingIDsCSV" : "' + listingidcsv + '","ReferralType" : "' + referraltype + '","FileName" : "' + filename + '","AFT" : "' + AFT + '"}'; Email: support@transervinternational.net. The day-ahead energy auction consists of two simultaneous auctions - one for firm-LD energy and one for recallable energy. If the upstream product is nonfarm, loss of supply would be considered a failure to deliver. If Southern Company is not the tag author, the energy coordinator or hourly scheduler will contact the tag author and request that entity to initiate a tag market adjustment. You must click the activation link in order to complete your subscription. The energy auction will be monitored by an Independent Auction Monitor (IAM) that is approved by FERC. Governance . Safety is a core value throughout the Southern Company system. This can be a costly process and involve special machinery, tools, and people. After submitting your request, you will receive an activation email to the requested email address. It will be the responsibility of the buyers and sellers to confirm and finalize the transaction in accordance with their own enabling agreements. Seller retains the right to reject without consequence to itself any tag that does not contain the proper scheduling source. The webMarket software can be accessed directly athttps://www.socowmkt.oati.com/socowmkt/sys-login.wml. The buyer is also responsible for submitting NERC tags for all HAE auction transactions and for DAE auction firm-LD transactions. Southern Company is honored to be a preferred energy partner for the U.S. Department of Defense (DOD) and federal agencies across the country. Southern Company continues to prioritize the delivery of clean, safe, This change will take effect for all Hour-Ahead Auctions beginning on February 23, 2017, for power flow HE 13 (Central). The following paragraphs describe how Southern Company will treat recallable energy: For Southern Company, a supply disruption includes the de-ration or unplanned outage of a Southern Company-owned or controlled generating unit that was included in the DAE available capacity calculation, as well as the curtailment of a DAE prescheduled purchase or power purchase agreement that was included in the DAE available capacity calculation. The outcome of each auction includes an auction clearing price, expressed in $/MWH, and a list of indicative "transactions" (i.e., sellers and buyers matched at the auction clearing price). The counterparties have the right to buy through the full curtailment at the HAE auction price for recallable energy transactions curtailed for non-reliability purposes. We are developing and deploying resilient, sustainable and economical energy solutions you can depend on no matter the storm. Offer blocks consist of a desired megawatt amount - in 50-MW increments for the DAE Auction; and in single, 1-MW increments for the HAE Auction - at a specified offer price. 4329 SE I-10 Frontage Rd. There are many hidden costs that are associated with carrying idle assets. On October 17, 2008, Southern Company filed amendments to its Market-Based Rate Tariff with the Federal Energy Regulatory Commission (FERC) to incorporate a must-offer, bid-based energy auction. At Southern Company, our total rewards play an important part in who we are as a company and how we attract, engage and retain the best talent. Accolades for Southern Company. Dont miss out and sign up for email updates. If the buyer has netting in place with Southern Company, the buy back will correspond to a net payment to Southern Company in the amount of 10 percent of the total dollar value of the transaction as shown in the Transaction Summary. Please take a moment to complete the questions below. A bid contains any number of requested bid blocks. . Our mission to provide clean, safe, reliable and affordable energy is about more than our bottom line. Phone: +1 989 638 8173. xmlhttp0.open("POST", "/external/wcpages/v12/referral/record.aspx?ProfileIDsCSV=" + profileidcsv + "&ListingIDsCSV=" + listingidcsv + "&ReferralType=" + referraltype + "&FileName=" + filename + "&AFT=" + AFT, true); Office Furniture Lot (2544964) Mesa Az. The primary difference between these day-ahead products is the right, but not the obligation, of the seller to curtail recallable energy in the event of a supply-side disruption. Employees routinely work under conditions that require exceptional safety measures and awareness. User fees and transaction fees per Annex C of the Participant Agreement will be invoiced by and payable to the IAA on a monthly basis so long as the balance owed is at least $100.00 or such amount has been owed for longer than 6 months. For example, many electronics contain hazardous materials and need to undergo a special process in order to make them safe for landfills. For redeployments, the company must have a way to let other parts of the organization know about idle assets and have an easy way to request these assets for use in their operations. At Southern Company, our total rewards play an important part in who we are as a company and how we attract, engage and retain the best talent. Our seasoned team of professionals manages a full spectrum of sophisticated investment solutions, ranging from securities to family businesses. Historical Bid/Offer Posting: Currently, historical bids and offers by Auction participants are posted on a six-month delay. de C.V. (Oportun), Patenaude & Felix A Professional Corporation, Omega Debt Collection Services; Omega Debt Relief, Pendrick Capital Partners Asset Management, LLC, Consolidated Asset Recovery Systems (effective date 12/07/2021); Find Track Locate (effective 12/07/0021); Global Investigative Services (effective date 12/07/2021); Repo Remarketing (effective date 12/07/2021); Roquemore Holdings (effective date 12/07/2021); SkipMasters (effective date 01/01/2009). The governing terms and conditions are set forth in Southern Company's Market-Based Rate Tariff, which is on file with FERC and accessible atwww.ferc.gov. FERNS, ADAMS & ASSOCIATES, A PROFESSIONAL CORPORATION, American Bureau of Credit Control; Creditors Specialty Services; FIDELITY CREDITOR SERVICE; Fidelity Creditor Service, Inc.; Fidelity Information Corporation; Gess and Associates; Metropolitan Adjustment Bureau, Goldsmith & Hull, A Professional Corporation, GreenSky Loan Services; GreenSky Patient Solutions; Home Depot Loan Services; The Home Depot Loan Services, Med-Plan Services, LTD; The Bridge System; The Hauge Group, Healthcare Collections LTD, Limited Liability Company, INCLINE CONSULTANTS ASSOCIATION MANAGEMENT, LLC, BAKERSFIELD CREDIT CONTROL SERVICE; BCCS; BUSINESS CREDIT CONTROL SERVICE; MDAB; MEDICO-DENTAL ADJUSTMENT BUREAU, LAW OFFICES OF KENNETH J. In the U.S. : +1 (816) 561.5323 Hazardous materials may need to be treated extensively before they can be regarded as safe for a landfill. The cost-based cap for all offers submitted by Southern in the Energy Auction does not include a demand charge. For information regarding participating in the bid-based energy auction, please seeAuction Registration Process. Bid blocks consist of a desired megawatt amount - in 50-MW increments for the DAE Auction; and in single, 1-MW increments for the HAE Auction - at a specified bid price. Southern Companys electric operating company Georgia Power is currently building the first new nuclear units in the United States in the last three decades. var filename = 'Results.aspx'; At Southern Company, our total rewards play an important part in who we are as a company and how we attract, engage and retain the best talent. Instead the outsourcer will sell all the items and perform any needed demolition work or other services for a fixed price or for time and materials. An offer contains any number of offer blocks. If such transactions must be curtailed for reliability, the fleet coordinator shall instruct the energy coordinator (Hourly Trading) how many MWs to curtail and when to curtail them (e.g., 400 MWs beginning HE 12). Southern Company has expanded our product offerings to provide energy that is clean, safe, reliable and affordable across the entire portfolio of energy sources. Southern Company has expanded our product offerings to provide energy that is clean, safe, reliable and affordable across the entire portfolio of energy sources. Optimum Professional Property Management Inc. While you need an experienced professional investment advisor who can effectively manage your endowments resources, you also want to know that those assets are being managed in alignment with your organizations values. The charter should define scopes for machinery and equipment, vehicles, office furniture and MRO. An executed Participation Agreement is also required. Southern Company 4.0. Southern Company system employees are inextricably woven into the communities we are privileged to serve. We will work hard to understand you, your family and the life youve built so that your vision for the future can be realized. Product Advanced Search. Donation is an option that is not used as frequently by investment recovery professionals. This Compliance Filing was accepted by FERC on March 25, 2009. The governing terms and conditions are set forth in Southern Company's Market-Based Rate Tariff, which is on file with FERC and accessible at www.ferc.gov. Used cars, trucks, utility and construction equipment from Southern Companys fleet are available for purchase by the general public in JJ Kane auctions throughout the year. Use constitutes acceptance of General Website Southern Company commits to promote an actively anti-racist culture and to ensure that all groups are well-represented, included and fairly treated within all levels of the organization. This usually involves getting multiple offers, comparing them, and selecting the best one. We recognize the value our investors and stakeholders place on transparency. This is not as simple as it might first appear. Redeploying an asset to another part of an organization removes an asset from the idle category and also saves the organization money by eliminating the need to purchase a new asset at current market rates. Please take a moment to complete the questions below. If a counterparty chooses to buy through the curtailment, the tag shall not be curtailed and the price for each hour thereafter shall be changed to reflect the hourly market clearing price. Another important method of divestment is scrapping or recycling. Despite a 4.9% YoY decline in total revenues from 2019 to . find our listings at. At Southern Company, our total rewards play an important part in who we are as a company and how we attract, engage and retain the best talent. These include idle asset identification, asset redeployment, and divestment. Southern Company is committed to transparent disclosure of our sustainability initiatives. In addition to these changes, the following additional steps are being taken: Southern Company looks forward to implementing these changes and additions. Corporate Responsibility Executive Summary for 2021 highlights key areas of interest to help stakeholders access environmental, social and governance (ESG) disclosures and other meaningful information on topics like greenhouse gas (GHG) emissions reductions and diversity, equity and inclusion efforts. Ethiopian community development council, inc. Southern Company system employees are inextricably woven into the communities we are privileged to serve. Building the future of energy is a big mission, and were honored to take it on. If the counterparty terminates the buy-through, the tag shall be curtailed. The sealed bid process, while similar to an auction, involved taking one "last and best" offer from prospective buyers. However, in accordance with the limitations in the energy auction software, each auction participant company is limited to one offer per DAE auction and one offer per HAE auction. Once an auction participant has entered an offer, that offer may be changed at any point during the auction period (e.g., changing previously submitted offer blocks, adding or removing offer blocks, or removing the entire offer). The bid period will open at 60 minutes prior to the delivery hour and will close at 45 minutes prior to the delivery hour. Key features of the Plan include: Carefully read the Southern Investment Plan Prospectus before making any investment decision to purchase Southern Company common stock through the Plan. Southern Company is committed to transparent disclosure of our sustainability initiatives. Private sales are usually appropriate for more sensitive assets or branded inventory. How Investment Recovery is practiced in any given enterprise [Staff Report, 1975] depends on the accounting systems and on the company's philosophies regard ing engineering and product management. Utility . Both involve 50-megawatt blocks of energy for delivery "into Southern" during the 16-hour period from 6 a.m. to 10 p.m. FREED A Professional Law Corporation, Law Offices OF Siegel & Siegel, A Professional Law Coporation. 14660 Chestnut St. Northwest families and non-profits since 1966. Tool Box (2544967) Mesa Az. Across Southern Company, we have never stopped working during the COVID-19 pandemic as we continue to serve our 9 million customers every day. Tool Or File Cabinet (2544968) Mesa Az. This amount would be based on the type of metal it is composed of and the current market value for that metal. Were recognized as a leader in our space for the strides we make in advancing sustainable energy. A NERC tag that is rejected by Southern Company because it contained a scheduling source other than that assigned via the auction software. Legacy is about how you, and only you, want to be remembered. For detailed information regarding the rules and regulatory framework of the Southern Company Energy Auction, please seeAuction Rules and Compliance. Transactions that are not fully delivered as a result of a TLR initiated after the tag has been implemented will be prorated based upon the actual MW delivered (i.e., neither party will be held responsible for the undelivered MW). Chairman, President and CEO of Georgia Power, Chris Womack discusses Equity in Our Communities with East Atlanta changemakers Shannon Longino, Dr. Nikkita Warfield and Chad Parker at TOUR Championships homeEast Lake Golf Club. Terms and Conditions Auction Participants can download the necessary registration documents from theAuction Registration Processsection of the Energy Auction website. Phase II Training Tools (Effective Jan 4, 2010). As we work to understand the best ways forward, we will continue bold and honest discussions within our company. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. However, in order for these processes to be effective, the company must have some basic procedures and systems in place to manage these processes and help make them successful. Manage your information, view past sales history and much more. In addition, a successful divestment provides a significant (and often unexpected boost) to the organization's bottom line. This auction will be for one-megawatt increments of non-firm energy for delivery "into Southern" in the upcoming hour. The Southern Auction Administrator cannot access third-party data, except upon express permission of the Independent Auction Monitor (IAM). In this case, a scrap company that specializes in recycling old metals would pay a certain amount per pound for the piece of equipment. The Independent Auction Administrator will serve as the first point of contact for Energy Auction questions and needs. An improperly formatted tag that is rejected for any reason by any Balancing Authority or Transmission Provider on the contract path. Attn: Southern Company Energy Auction Administrator**. These Web Services are approved by the Auction Provider for programmatic access to the Auction System, and user manuals related to Web Services will be available in the auction system. Southern Company agreed to the additional conditions in a compliance filing on January 21, 2009, and FERC accepted this compliance filing on March 25, 2009. Nevertheless, an effective donation can provide great benefits to the donating organization. reliable and affordable energy to our customers. }, Investment Recovery Association Mailing AddressPO Box 419264Kansas City, MO 64141-9264, Investment Recovery Association Physical Location10100 N Ambassador Dr,St 310Kansas City, MO 64153. Midland, Michigan 48674. Per the Debt Collector Licensing Act some applicants are allowed to do business while they are waiting to be denied or approved. This is different from consignment because the outsourcer does not necessarily take ownership of the equipment. Phone: 1-714-895-0463 and/or 1-714-895-0643. | Contact Us, $250 minimum initial investment with a one-time enrollment fee of $15 for new investors, Ability to invest additional amounts - $25 minimum, Investment through direct debit of bank accounts. Across Southern Company, we are looking to improve relations between all members of the communities where we live and work. This EnergyID shall be located in the contract field of the physical path generator line. These Investment Many consignment companies charge 10 to 15% of the sale price to conduct these specialized asset sales. / The bid period for these two auctions will open at 12:00 p.m., two days prior to delivery and will close at 6:45 a.m., one day prior to the delivery day.
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