(Source: PRNewswire-FirstCall)
AKRON, Ohio, July 15 /PRNewswire-FirstCall/ -- FirstEnergy Corp. 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 - to help meet the renewable energy requirements established under Ohio's new energy law.
"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 & Energy Efficiency, FirstEnergy.
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.
The companies established a Web site to provide bidders with a central source of documents, data and other information for the RFP process. This information is available by accessing http://www.firstenergyrenewable.com/2009OhioRFP. Questions will be answered directly through the Web site. To participate in the RFP, bidders must submit credit information by July 27, 2009, with proposals due by August 7, 2009. The RFP process will be managed by Navigant Consulting, a global consulting firm with expertise in energy markets and procurement. The RFP Manager is Leah Bissonette, director, Navigant Consulting. She can be reached at (516) 876-4036, or email at rfp@navigantconsulting.com.
FirstEnergy is a diversified energy company headquartered in Akron, Ohio. Its subsidiaries and affiliates are involved in the generation, transmission and distribution of electricity, as well as energy management and other energy-related services. Its seven electric utility operating companies comprise the nation's fifth largest investor-owned electric system, based on 4.5 million customers served, within a 36,100-square-mile area of Ohio, Pennsylvania and New Jersey; and its generation subsidiaries control more than 14,000 megawatts of capacity.
Forward-Looking Statements: This news release includes forward-looking statements based on information currently available to management. Such statements are subject to certain risks and uncertainties.
