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Solar Credit Procurement RFP

General Information

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: 

  • PECO is issuing a statewide request for proposal (RFP) for 10-year fixed-price contracts for 4,000 annual Pennsylvania-based solar alternative energy credits.
  • Deadline for bids is June 8, 2021 at 5:00 p.m.
  • Bidders must apply for the minimum annual offer amount of 200 alternative energy credits. 
  • Register HERE for April 20, 2021 RFP Overview Conference WebEx. 
  • Please contact PECOSolar@exeloncorp.com with any questions.

Documents

RFP Schedule (subject to change)

The schedule for the 2021 Solar Credit Procurement RFP is as follows and is subject to change:

  • RFP Overview Conference – April 20, 2021
  • Launch RFP – April 20, 2021
  • Non-binding Notice of Intent to Bid Due – April 29, 2021
  • Bidder Inquiries Deadline (5:00pm) – May 4, 2021
  • Final Publication of Responses to Inquiries – May 9, 2021
  • Bidder Applications Due (5:00pm) – May 24, 2021
  • Notification of Bidder Qualification – June 3, 2021
  • Bid Proposal Due (5:00pm) – June 8, 2021
  • Notification of Selected Bidders – June 23, 2021
  • Execution of AEC Purchase and Sale Agreements – July 8, 2021 

How to Submit Proposal

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 

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