PECO is issuing this 2021 solar credit procurement request for proposals to interested parties with the intent of securing proposals for 10-year fixed-price contracts for 4,000 annual Pennsylvania-based solar Alternative Energy Credits (AECs) from Tier I solar Alternative Energy Systems under Pennsylvania's Alternative Energy Portfolio Standards Act. An additional 4,000 solar alternative energy credits will be purchased annually at the same price from the RFP from local solar providers within the PECO service territory, more specifically, Southeastern Pennsylvania. Black & Veatch will serve as RFP Monitor.
*Potential bidders are strongly urged to review both the RFP and the AEC Purchase and Sale Agreement and to consult with counsel with respect to requirements and obligations under this RFP and the AEC Purchase and Sale Agreement.
Details can be found in the 2021 Solar Credit Procurement Document.
Key highlights are:
All entities intending to bid in response to this PECO RFP must submit a Notice of Intent to Bid by April 29, 2021 to PECOSolar@exeloncorp.com. Neither this requirement nor bidder's submission of this Notice shall constitute an offer. Submission of this notice does not impose any requirement or obligation to submit an application or bid proposal. All bidder applications shall be in PDF electronic format with bidder information organized in the designated sections.
Bidders must submit all bid proposals to: PECOSolarRFP@bv.com