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Akron, Ohio-based FirstEnergy Corp. says it is issuing a request for proposals (RFP) 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.

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. The SRECs and RECs must be generated between Jan. 1, 2010, and Dec. 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.

No energy or capacity will be purchased under the RFP, and the number of individual bidders is not limited. Participants in the RFP must meet and maintain specific credit and security qualifications.

To participate in the RFP, potential bidders are encouraged to submit credit applications by Oct. 22, and proposals are due Oct. 29.


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