FirstEnergy To Procure RECs Through RFP Process

Published: 15-Jul-2009

By: Staff Writer Staff Writer Staff Writer

FirstEnergy Corp. (FirstEnergy) has announced that a request for proposal (RFP) will be conducted to secure renewable energy credits (RECs) for customers of its Ohio utilities – Ohio Edison, Cleveland Electric Illuminating Company and Toledo Edison. This is to help meet the renewable energy requirements established under Ohio’s new energy law. The RFP is seeking RECs for FirstEnergy’s Ohio utilities for 2009, 2010 and 2011.

The RECs being solicited include:

Solar – Ohio only

Solar – Ohio and contiguous states

Renewables – Ohio only

Renewables – Ohio and contiguous states

No energy or capacity will be purchased under the RFP. The number of individual bidders is not limited. Participants must meet and maintain specific credit and security qualifications, and must be able to prove their RECs are certified or in the process of becoming certified by the State of Ohio.

“Purchasing RECs helps us meet the renewable energy requirements established by the State of Ohio and also helps build a market for renewable energy projects throughout the region,” said John Paganie, vice president, customer service and energy efficiency, FirstEnergy.

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