FirstEnergy Corp. has issued a RFP to purchase Ohio-compliant renewable-energy credits (RECs) for its Ohio utilities, which include Ohio Edison, The Illuminating Company and Toledo Edison.
RECs sought in this RFP must be eligible for compliance with the companies’ 2022 renewable energy obligations, be sourced from generating facilities certified in accordance with rules and procedures put forth by the Public Utilities Commission of Ohio (PUCO), be deliverable through PJM Environmental Information System Generation Attribute Tracking System (EIS GATS) and generated between Jan. 1, 2020 and Dec. 31, 2022.
The companies plan to purchase 470,000 RECs, which can include solar renewable-energy credits.
According to FirstEnergy Corp., no energy or capacity will be purchased under the RFP and the number of individual bidders is unlimited. Based on the RFP results, the Ohio utilities will enter into agreements with winning suppliers to purchase the necessary quantities