This Web site provides information for prospective energy suppliers to Commonwealth Edison Company ("ComEd"). This ComEd Web site contains the official documents and announcements related to the Requests for Proposals ("RFPs") for electric supply and renewable energy products. This ComEd Web site is currently managed by the Procurement Administrator retained by the Illinois Power Agency ("IPA").The IPA has retained NERA Economic Consulting ("NERA") to act as Procurement Administrator. In this role, NERA coordinates the the IPA's Procurement activities for ComEd's portfolio.
Disclaimer
This Web site contains information related to the procurement of energy products for Comed. This Web site is intended as a general reference source for all prospective participants. The site contains descriptions and summaries of documents and information also available on this Web site. The descriptions and summaries are provided for general background and convenience only and should not be relied upon for any other purpose. Prospective participants and other interested parties should review complete copies of the relevant documents and should obtain appropriate advice before making decisions concerning the RFPs. This Web site may also report on developments that may affect the RFPs. Such updated information will be provided for convenience only.
Winter Procurement of Rate Stability Products
Senate Bill 1652 ("SB 1652"), which aims to promote price stability for residential and small commercial customers, became effective on October 26, 2011. Under SB 1652. the IPA will conduct two procurement events. The first procurement event will be to solicit bids for around-the-clock energy contracts over the period June 1, 2013 to December 31, 2017, with pricing escalating at 2.5% per annum. The second procurement will be for the acquisition of Renewable Energy Certificates ("RECs") for delivery generally during the period June 1, 2013 to December 31, 2017. All resources that qualify as renewable energy resources under Section 1-10 of the Illinois Power Agency Act are eligible to submit offers in this procurement event. Both procurement events will take place prior to February 23, 2012.
Spring Procurement of Standard Products and RECs
On September 28, 2011, the IPA submitted its Procurement Plan ("Plan") to the Illinois Commerce Commission in compliance with Public Act 095-0481 (the "Act"), which includes the Illinois Power Agency Act ("IPA Act"). The Plan proposes the procurement of energy supply, using on-peak, off-peak, and/or around-the-clock blocks of monthly or multi-month durations for the period June 1, 2012 to May 31, 2015. The Plan also proposes the acquisition of RECs for a term of one-year (the 2012-2013 period). The number of RECs to be procured is subject to customer rate protection provisions in the Act. The Illinois Commerce Commission ("ICC") is expected to render a decision regarding the Plan before the end of the year.
Announcements
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