AEPCO is a Member/owner of ACES. The ACES West Regional Trading Center (WRTC):
- Is hosted by the AEPCO/AzGT Benson campus
- Benefits AEPCO/AzGT Members and customers
- Is a nationwide energy management company
- Helps its Members and Customers:
- Buy, sell, and manage energy more efficiently and with less risk
Quick ACES Facts & Statistics
- Founded: 1999
- Headquarters: Carmel, IN
- Employees: 260+
- Members: 22
- Customers: 50+
- Regional Trading Centers:
- Carmel, IN
- Benson, AZ
- Raleigh, NC
- Maple Grove, MN
$50000 +
ACES Clients’ Peak Generation
$5000000000
2019 Value of Transactions
55000 MW
ACES Clients’ Peak Load
3.1 BCF
ACES Clients’ Peak Natural Gas Consumption
Complete Service List

Front Office Services
- Portfolio Strategy
- Short-Term Trading and Operations
- Short-Term Load Forecasting
- Origination and Long-Term Trading
- Portfolio Dispatch and Optimization
- Delegated Electric Reliability Standard Compliance
- Power Transmission Scheduling and Tagging
- Physical Gas Trading and Scheduling
- Financial Gas Trading
- Gas Service Consulting
- Coal and Emissions Consulting
- Renewable Analysis and Transactions
- Financial Transmission Right Evaluations and Hedge Execution
- Transmission Analysis and Advice
- Long-Term Generation and Transmission Planning Studies
- Standard Portfolio Model and Risk Analytics
- Generator Operator Services
- Transmission Operator Services
- Distribution Operator Services
Middle Office Services
- Credit Analysis and Counterparty Monitoring
- Credit Exposure Monitoring and Management
- Credit Negotiations
- Credit Reports
- ISO/RTO Credit Monitoring Service
- Master Agreement Negotiations
- Emissions Allowances and Renewable Energy Credits
- Agreement Negotiations
- Contract Monitoring and Administration
- Trade Capture and Validation
- Policy Compliance Monitoring
- Forward Curve Development and Mark-to-Market Valuations
- Risk Management Policy Development
- Education and Training
- Regulatory and Market Development Participation
- Reliability Compliance Consulting
- Dodd-Frank Compliance
Back Office Services
- Bilateral Power and Transmission Settlements
- Bilateral Natural Gas and Transportation Settlements
- RTO/ISO Pool Settlements
- Energy Imbalance Validation
- Cost Allocation Settlement Model
- Electric Quarterly Report (EQR) Filing Support
Why Arizona G&T Cooperatives Chose ACES

Since its formation in February 1999, ACES has become a nationally-recognized wholesale energy trading and risk management company.
ACES:
- Was originally created by generation and transmission cooperatives
- Is a limited liability company (LLC)
- Operates under similar values as those of its Members
- Focuses on providing high-quality services at a reasonable cost
- Is able to utilize economies of scale to achieve this objective
Arizona G&T Cooperatives and ACES:
- Have a collaborative relationship built on many years of combined experience
- Work together to provide ACES’ Members with a range of energy services, including:
- Power scheduling
- Trading to help manage our market risk
- Partnership combines the regional expertise of Arizona G&T Cooperatives with the national presence of ACES
- Complement and generate opportunities for both entities
Market Expertise
- ACES provides services to 22 Members and nearly 50 Customers
- ACES is active in all major U.S. energy markets
- ACES manages Members’ and Customers’ portfolios of over 50 GW of peak load and generation and 3 Bcf/d peak natural gas usage
- Member & Customer Focused Model

- ACES operates in the best interests of its Members and Customers
- ACES provides all services as legal agent on behalf of each Member and Customer and separately manages each of their portfolios
- ACES does not trade its own book
- ACES does not own any generation or serve any load
- ACES is never the principal in a transaction
- ACES takes a collaborative approach to helping Members and Customers manage their portfolios
- ACES keeps costs down by sharing the expenses related to systems, tools, and staff across numerous Members and Customers
- ACES regularly tests its controls and analytics by undergoing independent annual audits
- ACES is transparent, hands-on, and encourages its Members’ and Customers’ participation in portfolio management
- ACES wants to understand as much about its Members’ and Customers’ portfolios as possible (risks, risk tolerance, characteristics of generation, reporting needs, etc.) to help them make better-informed decisions
- ACES informs and educates its Members and Customers on market observations