FirstEnergy Corp. announced that it will conduct a Request for Proposal to secure 10-year contracts to provide solar renewable energy credits (SRECs) for customers of its Ohio utilities--Ohio Edison, Cleveland Electric Illuminating and Toledo Edison--to help meet the renewable energy benchmarks established under Ohio’s renewable portfolio standard. The RFP seeks delivery of 1,000 SRECs produced by qualified generating facilities in Ohio for each calendar year beginning in 2012 and continuing through 2021. No energy or capacity will be purchased under the RFP.
On February 9, FirstEnergy will conduct a webinar to outline the RFP process and the terms of the agreement. To participate in the RFP, bidders are encouraged to submit credit information by February 27, with full proposal information due on March 6. For more information, visit the web site FirstEnergy set up for the RFP.