FirstEnergy's Ohio utilities – Ohio Edison, Cleveland Electric Illuminating Co. and Toledo Edison – are initiating a request for proposals (RFP) process for renewable energy credits (RECs) to help meet requirements established under S.B.221. The RFP process, which will include RECs and solar renewable energy credits (SRECs), will be managed by Navigant Consulting.
The RFP is seeking RECs and SRECs for 2010 and 2011. For 2010, the companies are requesting bids for SRECs generated from within Ohio and SRECs that can be deliverable into Ohio, and RECs generated from within Ohio. For 2011, the companies need both SRECs and RECs generated from within Ohio or deliverable into Ohio.
No energy or capacity will be purchased under this RFP.Â The number of individual bidders is not limited. However, bidders must meet and maintain specific credit and security qualifications.Â
Bidders may visit the RFP website, www.firstenergycorp.com/OH2010RECRFP, to access documents, data and other information, and ask questions about the RFP process.Â Potential bidders are encouraged to visit the website for updates on the process.
SOURCE: FirstEnergy Corp.