Attn: Southern Company Energy Auction Administrator**. Investment recovery programs can be centralized or decentralized. At The Southern Company, we promise to treat your data with respect and will not share your information with any third party. We value your feedback and look forward to hearing from you. Note that items may not have information filled in for every field and, as a result, may not be found in queries that look for values in such fields. 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. 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. As changed, this information will now be posted on a four-month delay beginning with the next monthly posting. An auction can be a cost effective way to sell assets or inventory and can be a great way to discover the price of an item. reliable and affordable energy to our customers. Email: shareholderservices@southernco.com. Winning bidders will all pay the same market clearing price ($/MWh), and each is responsible for the transmission-related arrangements and costs, including tagging, associated with its transaction. Constant Processing; QCS; Qualia Collection Services, OPTNSVC Mexico, S. De R.L. Magana, Gross, Wilkerson and Associates L.L.C. Provide input on large scale company programs and initiatives such as growing profitability and economic development, along with fostering innovation. Southern Company. Auctions are also appropriate when the value of an item is not known to the seller. The selling price is determined solely by the bidders participating in the auction. On October 19, 2009 Southern Company submitted a Compliance Filing to FERC that contained tariff revisions necessary to incorporate third party sellers per that acceptance order. Were committed to supporting and improving our communities and environment. Accounts Recovery (U.S.A.) Corporation LLC. That's our vision. The Brattle Group currently serves as the IAM for 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. Building the future of energy is a big mission, and were honored to take it on. Investment Recovery Association Physical Location 10100 N Ambassador Dr, St 310 Kansas City, MO 64153. In a negotiated sale, the investment recovery professional negotiates with a group of buyers to find out which one of them will pay the most. While Atlanta is our home, we bring energy to homes and businesses across the country. COMPANY NAME TRADE NAME/ALIAS CITY STATE COUNTRY "Northern California Collection Service, Inc." Sacramento: CA: USA: 1803 Capital, LLC: Metairie: LA: USA: 2nd Chance . Use constitutes acceptance of General Website Mendelson Schwarz, A Professional Law Corporation, BRM Recovery Services; Merchants Credit Solutions, Modernizing Medicine Billing Services, LLC, Moore, Brewer & Wolfe, a Professional Corporation, NATIONAL BUSINESS FACTORS, INC. OF NEVADA. For information regarding participating in the bid-based energy auction, please seeAuction Registration Process. In this case, a scrap company that specializes in recycling old metals would pay a certain amount per pound for the piece of equipment. It will be the responsibility of the buyers and sellers to confirm and finalize the transaction in accordance with their own enabling agreements. Here is where you can easily find surplus capital equipment for chemical process equipment and related operations, as well as . We are developing and deploying resilient, sustainable and economical energy solutions you can depend on no matter the storm. For some organizations, identifying an idle asset may be quite difficult. Were committed to supporting and improving our communities and environment. Southern Company has expanded our product offerings to provide energy that is clean, safe, reliable and affordable across the entire portfolio of energy sources. By effectively divesting the asset, the organization can quickly obtain cash that can then be used to invest back into the business. reliable and affordable energy to our customers. Southern Company is committed to transparent disclosure of our sustainability initiatives. Seller has the right, but not the obligation, to curtail recallable energy transactions for a qualifying supply disruption. Southern Company operations have responsibility for more than 27,000 miles of transmission lines . This Compliance Filing was accepted by FERC on March 25, 2009. These views should not be construed as a recommendation for any specific security. Views of Columbia Trust Company are as of the date published and are subject to change based on market conditions and other factors. The Southern Investment Plan provides a convenient way to purchase shares of Southern Company common stock. xmlhttp0.send(xmlhttp0POST); Southern Company system employees are inextricably woven into the communities we are privileged to serve. Products and services are offered by Columbia Trust Company, an affiliate of Umpqua Bank an Oregon state chartered bank and a wholly owned subsidiary of Columbia Banking System Inc. 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. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. There are many ways to divest an asset. We believe in the importance of protecting critical infrastructure and Americas way of life. Governance . Further details regarding the mechanics of these auctions and the planned commencement date will be forthcoming; however, the goal is to have the Into GTC auctions up and running by early June. This auction will be for one-megawatt increments of non-firm energy for delivery "into Southern" for the upcoming hour. Seller retains the right to reject without consequence to itself any tag that does not contain the proper EnergyID. In accordance with provision in the tariff, certain of the day to day aspects of the administration of the energy auction are permitted to be performed by an Independent Auction Administrator (IAA). After the identification process has been completed for a piece of equipment, it may become obvious that the equipment can not be reused or resold. A qualifying supply disruption may include the de-ration or unplanned outage of a seller-owned or controlled generating unit, the curtailment of a prescheduled purchase or the curtailment of a power purchase agreement. Building the future of energy is a big mission, and were honored to take it on. 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. Under the new criteria, a spread value will post when an auction has at least one unique buyer and one unique seller. Through our PGA TOUR partnership, over $40 million has been donated in our communities to fund education, wellness programs & neighborhood revitalization. worldwide search portal WWX.com. This usually involves getting multiple offers, comparing them, and selecting the best one. 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. Utility . The proposal was conditionally accepted by FERC on December 18, 2008. Find out more about our simultaneous day-ahead energy auctions. Donation is an option that is not used as frequently by investment recovery professionals. Atlanta, GA 30308 (Old Fourth Ward area) John Portman Blvd & Courtland St. We support 9 million customers and businesses nationwide with electric utilities in three states and natural gas distribution utilities in four, and provide wholesale energy, customized distributed energy solutions and fiber optics and wireless communications across the country. xmlhttp0.open("POST", "/external/wcpages/v12/referral/record.aspx?ProfileIDsCSV=" + profileidcsv + "&ListingIDsCSV=" + listingidcsv + "&ReferralType=" + referraltype + "&FileName=" + filename + "&AFT=" + AFT, true); All prospective bidders must be in good standing with Southern Company credit requirements consistent with the master power purchase/sale agreement between buyer and seller. Alabama Power Company | | | | Other >> Utility. reliable and affordable energy to our customers. 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). In order for an asset to be reused internally, another part of the company needs to have a need for an asset of that type. Second, unused equipment depreciates in value and results in an actual expense on the books. As revised, the Hour-Ahead Auction will now open 85 minutes prior to the beginning of the Delivery Hour and close 70 minutes prior to the beginning of the Delivery Hour. Across Southern Company, we have never stopped working during the COVID-19 pandemic as we continue to serve our 9 million customers every day. Especially if idle assets are located in another geographic area and are under control of another person, group, or operating entity. Finally, for some property and equipment, the services of a demolition company may be required. It also includes assessing the condition of the asset and determining if it can still be used productively. The bid period will open at 75 minutes prior to the delivery hour and will close at 60 minutes prior to the delivery hour. Southern Company is honored to be a preferred energy partner for the U.S. Department of Defense (DOD) and federal agencies across the country. This is not as simple as it might first appear. "JJ Kane Auctioneers" is a registered trademark of JJ Kane Associates, Inc. Investment recovery programs can be centralized or decentralized. The purpose of the energy auction is to resolve perceptions that Southern Company could exercise horizontal market power through the physical or economic withholding of generation. Please take a moment to complete the questions below. The Commercial Collection Corporation of New York, Inc. | Privacy Statement 4329 SE I-10 Frontage Rd. It also builds goodwill for the organization when the donations go to a worthy cause that is recognized by the surrounding community. reliable and affordable energy to our customers. The auction participants may use their existing certificates or may obtain them directly from OATI. Its that understanding, combined with our expertise, that allows us to provide a full range of trust services and investment solutions, including non-traditional assets and business ventures. 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. Investment Recovery Southern Company $40,000 Jobs, Employment | Indeed.com Date Posted Remote $40,000+ Job Type Location Company Posted By Experience Level Education Upload your resume - Let employers find you Investment Recovery Southern Company $40,000 jobs Sort by: relevance - date 26 jobs OB/GYN - Rincon Hospital Tucson Medical Center 3.6 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. If the auction software does not assign the scheduling source, then the scheduling source will be provided by the seller so as to allow timely submission of the NERC tag. Weighted Average Hour-Ahead Transaction Prices, Constructive Regulation and Public Policy. Once these documents are in place, auction participants will be granted a User ID and temporary password for a participant administrator to access the auction . The best method is the method that provides the highest value / benefit for the organization, has the lowest divestment costs, and still complies with the organization's divestment policies. Collection Bureau of Fort Walton Beach, Inc. Collection Bureau of the Hudson Valley, Inc. Comcast California Collection Services, LLC, Commercial Industries Service Company Inc, Concentrix Daksh Services India Private Limited, Concentrix Daksh Services Philippines Corporation, Construction Credit and Finance Group, LLC. Tools, Attachments, Parts, and Accessories. Were recognized as a leader in our space for the strides we make in advancing sustainable energy. Synchrony Global Services Philippines, Inc. Synchrony International Services Private Limited. ", 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. Correctly using these divestment processes maximizes the value of the asset for the organization. Tata Consultancy Services (Philippines) Inc. Texas Guaranteed Student Loan Corporation. Some companies also use outsourcers to sell assets or equipment. 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. Email: support@transervinternational.net. Were committed to supporting and improving our communities and environment. The energy coordinator shall determine how many of the eligible MWs should be curtailed and what time the curtailment should begin. Southern Company Surplus Equipment Auctions - JJ Kane Auctions Southern Company Surplus Equipment Auctions Used cars, trucks, utility and construction equipment from Southern Company's fleet are available for purchase by the general public in JJ Kane auctions throughout the year. However, in accordance with the limitations in the energy auction software, each auction participant company is limited to one bid per DAE auction and one bid per HAE auction. Recallable energy transaction shall not be booked out with a firm-LD transaction unless otherwise agreed to by the buyer and seller. This change will take effect for all Hour-Ahead Auctions beginning on February 23, 2017, for power flow HE 13 (Central). 14660 Chestnut St. Investment Recovery Association Mailing Address PO Box 419264 Kansas City, MO 64141-9264. All items are to be picked up on the day of purchase and no items can be . We will work hard to understand you, your family and the life youve built so that your vision for the future can be realized. Portable Steel Tool box (2544966) Mesa Az. The auction includes simultaneous day-ahead energy auctions for firm-LD energy and recallable energy, along with an hour-ahead energy auction for non-firm energy. 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. Outsourced sale services do entail significant costs. In the webMarket system, this is referred to as "Match Blocking", and it disables Trading with counterparties for which Seller Participants specify. Donations can also provide goodwill and a tax benefit. 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. Sourcing & Procurement Guides The Independent Auction Administrator will serve as the first point of contact for Energy Auction questions and needs. var xmlhttp0; xmlhttp0 = new XMLHttpRequest(); Employees routinely work under conditions that require exceptional safety measures and awareness. | Privacy Statement Key features of the Plan include: $250 minimum initial investment with a one-time enrollment fee of $15 for new investors. If a counterparty does not choose to buy through the curtailment, the tag shall be curtailed. February 16, 2023. The webMarket software can be accessed directly athttps://www.socowmkt.oati.com/socowmkt/sys-login.wml. Any actions taken through the use of Participant Passwords (except through the fault or negligence of the Auction Provider) whether or not such actions were authorized are binding on Participant. 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. Participation in the auction is open to any entity that is qualified to transact with Southern Company pursuant to their Market-Based Rate Tariff. There could be additional pending applications. The bid period for these two auctions will open at 12:00 p.m., two days prior to delivery and will close at 6:30 a.m., one day prior to the delivery day. Southern Company. Most investment recovery professionals use this option quite frequently. Use constitutes acceptance of General Website Terms and Conditions. After completing the registration process, auction participants will be assigned webMarket user logins by the Independent Auction Administrator. Values . Fixed price sale is often the easiest sale to make for an investment recovery professional. Bid blocks will be rejected where the bid price is lower than seller offer prices. 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. There are many hidden costs that are associated with carrying idle assets. Southern Company is excited to announce new changes to the Energy Auction. var xmlhttp0POST = '{"ProfileIDsCSV" : "' + profileidcsv + '","ListingIDsCSV" : "' + listingidcsv + '","ReferralType" : "' + referraltype + '","FileName" : "' + filename + '","AFT" : "' + AFT + '"}';
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