Alert Type:
RFP Description:
FirstEnergy Corp. (NYSE: FE) announced that a Request for Proposal (RFP) will be issued to purchase All-States Solar Renewable Energy Credits (SRECs) and both In-State and All-States Renewable Energy Credits (RECs) for its Ohio utilities – Ohio Edison, Cleveland Electric Illuminating and Toledo Edison – to help meet the renewable energy benchmarks established under Ohio's energy law.
SRECs and RECs sought in this RFP must be produced by renewable generating facilities that are either certified by the State of Ohio or are in the process of being certified in the State of Ohio. The SRECs and RECs must be generated between January 1, 2010, and December 31, 2012. The following amounts and locations are being sought:
7,500 SRECs generated in Ohio or states contiguous to Ohio;
140,000 RECs generated in Ohio; and
175,000 RECs generated in Ohio or states contiguous to Ohio.
The RFP is a competitive process conducted by Navigant Consulting, Inc., an independent evaluator and a global consulting firm with expertise in energy markets, renewables and competitive procurements. Based on the RFP results, the Ohio utilities will enter into agreement(s) with winning suppliers to purchase the necessary quantities of RECs and SRECs. One SREC represents the environmental attributes of one megawatt hour of generation from a Public Utilities Commission of Ohio (PUCO) -qualified solar renewable generating facility. One REC represents the environmental attributes of one megawatt hour of generation from a PUCO-qualified renewable generating facility. For more details please visit: http://t.co/wCE3WlSs To learn about all the energy incentives and projects available, check out www.energygridiq.com or download our iOS app Watt Rebate today. You can also get quick access to incentives with our new Facebook app or enter your own energy project here.
RFP Description:
FirstEnergy Corp. (NYSE: FE) announced that a Request for Proposal (RFP) will be issued to purchase All-States Solar Renewable Energy Credits (SRECs) and both In-State and All-States Renewable Energy Credits (RECs) for its Ohio utilities – Ohio Edison, Cleveland Electric Illuminating and Toledo Edison – to help meet the renewable energy benchmarks established under Ohio's energy law.
SRECs and RECs sought in this RFP must be produced by renewable generating facilities that are either certified by the State of Ohio or are in the process of being certified in the State of Ohio. The SRECs and RECs must be generated between January 1, 2010, and December 31, 2012. The following amounts and locations are being sought:
7,500 SRECs generated in Ohio or states contiguous to Ohio;
140,000 RECs generated in Ohio; and
175,000 RECs generated in Ohio or states contiguous to Ohio.
The RFP is a competitive process conducted by Navigant Consulting, Inc., an independent evaluator and a global consulting firm with expertise in energy markets, renewables and competitive procurements. Based on the RFP results, the Ohio utilities will enter into agreement(s) with winning suppliers to purchase the necessary quantities of RECs and SRECs. One SREC represents the environmental attributes of one megawatt hour of generation from a Public Utilities Commission of Ohio (PUCO) -qualified solar renewable generating facility. One REC represents the environmental attributes of one megawatt hour of generation from a PUCO-qualified renewable generating facility. For more details please visit: http://t.co/wCE3WlSs To learn about all the energy incentives and projects available, check out www.energygridiq.com or download our iOS app Watt Rebate today. You can also get quick access to incentives with our new Facebook app or enter your own energy project here.
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