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FirstEnergy Issues Request For Solar Energy Credits In Pennsylvania

FirstEnergy Corp. Wednesday announced a Request for Proposal will be issued to purchase 13,500 Solar Photovoltaic Alternative Energy Certificates (SPAECs) annually over a 10-year period on behalf of FirstEnergy's Pennsylvania Utilities – Metropolitan Edison Company, Pennsylvania Electric Company, and Pennsylvania Power Company.

The RFP is a competitive process that will be conducted by The Brattle Group and will take place in October and November, with qualifying applications due by October 24 and bids due by November 14. 

Bidders in this RFP can offer to sell tranches of SPAECs, where each tranche represents a commitment to sell 500 SPAECs annually over a 10-year period.  Based on the RFP results, FirstEnergy's Pennsylvania utilities are expected to enter into separate agreement(s) with winning suppliers to purchase the necessary quantities of SPAECs.

The SPAEC RFP is available on FirstEnergy's website.

NewsClips:

Solar Energy Credits Cast Shadow Over PA Sales

Solar Power Will Continue To Generate Growth

PSU Expert On Climate Issues Sues Bloggers For Libel

Editorial: New Climate Report Reflects Greater Certainty

FirstEnergy Affirms Plan To Shutter 2 Power Plants

PA Releases Energy Consumption, Production Report

Wind Industry Could Lose Its Tax Credits

DEP Joins Other States In Opposing EPA Power Plant Rules

Coal Company President Sees Industry Renaissance

DEP Joins Other States In Opposing EPA Power Plant Rules

Editorial: War On Coal Is In Markets

Editorial: Allegheny Should Leave South Park Coal Alone

Editorial: EPA Right To Focus On New Plant Emissions

Robert Kennedy, Jr. Calls Natural Gas A Catastrophe


10/7/2013

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