FirstEnergy Corp. has issued a request for proposals (RFP) to secure 10-year renewable energy credits (RECs) and solar renewable energy credits (SRECs) for customers of its Ohio utilities – Ohio Edison, Cleveland Electric Illuminating and Toledo Edison.
The RFP seeks delivery of 5,000 SRECs and 20,000 RECs produced by generating facilities in Ohio for each calendar year beginning in 2011 and continuing through 2020.
No energy or capacity will be purchased under the RFP, and the number of individual bidders is not limited. Participants must meet and maintain specific credit and security qualifications, and must be able to prove their REC and/or SREC generating facilities are certified or in the process of becoming certified by the state of Ohio.
The companies have established a website to provide bidders with a central source of documents, data and other information for the RFP process. Bidders are encouraged to submit credit information by Oct. 11, with full proposal information due by 3 p.m. on Oct. 18.