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FirstEnergy Corp. is issuing a request for proposals (RFP) to purchase 13,500 solar photovoltaic alternative energy certificates (SPAECs) annually over a 10-year period on behalf of its Pennsylvania utilities - Metropolitan Edison Co., Pennsylvania Electric Co. and Pennsylvania Power Co.

The RFP will be conducted by The Brattle Group and will take place in October and November, with qualifying applications due by Oct. 24 and bids due by Nov. 14. FirstEnergy notes that bidders in this RFP can offer to sell tranches of SPAECs, in which each tranche represents a commitment to sell 500 SPAECs annually over a 10-year period.

Based on the RFP results, FirstEnergy says its Pennsylvania utilities are expected to enter into separate agreements with winning suppliers to purchase the necessary quantities of SPAECs.

Further information about the SPAEC RFP is available here.


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