PECO is reopening its aggressive request for proposals (RFP) to acquire long-term renewable vitality, capability and related photo voltaic photovoltaic different vitality credit from new photo voltaic tasks in Pennsylvania. The RFP, authorised by the Pennsylvania Public Utility Fee, is designed to help the continued enlargement of solar energy technology throughout the state.
PECO
By this RFP, PECO will enter into fixed-price energy buy agreements (PPAs) by June 2026 for photo voltaic photovoltaic tasks that ship vitality, capability and SPAECs over a 10-year time period. To qualify, tasks ought to have an anticipated in-service date on or earlier than Could 31, 2029. After an preliminary procurement this previous summer season, PECO is now inviting photo voltaic builders to take part on this RFP prolonged to spring 2026.
PECO will settle for proposals for a shared share of tasks bigger than 25 MW, with a minimal challenge measurement of 5 MW. All tasks have to be related to the PJM Interconnection grid and able to promoting vitality and capability into PJM markets. As well as, tasks should qualify as Tier I photo voltaic Various Power Programs below Pennsylvania’s Various Power Portfolio Requirements Act.
PECO and impartial evaluator NERA Financial Consulting will host a dwell Bidder Information Webcast on November 19, at 1 p.m. ET to assist members perceive the procurement course of. The webcast will present an summary of the RFP construction, challenge eligibility necessities, PPA schedule and proposal submission course of.
Information merchandise from PECO
