First Energy Ohio - Renewable Energy Credit Procurements

Program First Energy Ohio - Renewable Energy Credit Procurements
Category Financial Incentive
Implementing sector Utility
Last Update
State Ohio
Administrator Navigant Consulting
Website https://www.firstenergycorp.com/utilitypowerprocurements/oh/rec_procurements/in…
Start Date
Technologies Solar Thermal Electric, Solar Photovoltaics

Note: FirstEnergy will periodically solicit proposals for long term contracts. Check the program web site for the most recent Requests for Proposals.

As part of its Electric Security Plan, FirstEnergy will periodically solicit proposals for Renewable Energy Credits (RECs) and Solar Renewable Energy Credits (SRECs). Proposals are accepted for both short-term and long-term contracts. Requests for proposals will not be available at regular intervals; check the program web site for current information regarding application due dates. FirstEnergy will not be purchasing energy or energy capacity under this proposal. All application materials are available on the program web site, and all applicants must be certified by the Public Utilities Commission of Ohio.

Long-Term Contracts

FirstEnergy will purchase 5,000 SRECs and 20,000 RECs in equal quantities each calendar year, from 2011 to 2020. Applications for the first round of long-term contracts were due in October 2011. Check the FirstEnergy Long-Term SREC web site for details on open or upcoming Requests for Proposals.

Short-Term Contracts

In the most recent short-term contract procurement, FirstEnergy is seeking to purchase 320,000 RECs and 9,200 SRECs from Ohio or states contiguous to Ohio. All SRECs must be created between January 1, 2015 and December 31, 2017.

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