The Plan provides for the acquisition of renewable energy credits ("RECs") for a term of one-year (the 2009-2010 period). PJM's Environmental Information System's ("EIS") Generation Attribute Tracking System ("GATS") and the Midwest Renewable Energy Tracking System ("M-RETS") will be utilized to independently verify the location of generation, resource type, as well as month and year of generation. The number of RECs to be procured is established in the IPA Procurement Plan and is subject to customer rate protection provisions in the Act. The evaluation of the bids will be based on cost effectiveness, as well as the location and type of the renewable resource.
All documents regarding Standard Products Procurement are found on the Standard Products Documents page.