FirstEnergy's Ohio utilities – Ohio Edison, Cleveland Electric Illuminating Co. and Toledo Edison – held a request for proposals (RFP) to secure 10-year renewable energy credits (RECs) and solar renewable energy credits (SRECs) to help meet the renewable energy benchmarks established under Ohio's energy law.
With the successful subscription of this RFP, FirstEnergy's Ohio utilities have achieved their full compliance requirements for 2011, including the 2010 shortfall, according to FirstEnergy.
The RFP sought and procured the delivery of 5,000 SRECs and 20,000 RECs produced by generating facilities throughout Ohio for each calendar year beginning in 2011 and continuing through 2020.
