Announcements


CMC RFP – ANNOUNCEMENT: Supplier Fee and Guidelines on Contract Execution Process

In accordance with Section I.3.5 of the CMC RFP Rules, the Procurement Administrator provides below the Supplier Fee applicable to the CMC RFP.

Bidders with Carbon-free Energy Resources selected through the CMC RFP and approved by the Illinois Commerce Commission will be assessed a Supplier Fee that will be due within seven (7) business days after ICC approval of the Bids.  The Supplier Fee is $0.0055 (or 0.55 cents) per CMC multiplied by the sum of the Average Annual Projected Quantities across all of the Carbon-free Energy Resources selected through the CMC RFP and approved by the Illinois Commerce Commission. The Supplier Fee is rounded up to the nearest cent. As defined in the RFP Rules, the Average Annual Projected Quantity is the average of the annual projected energy generation output (MWh) across the five delivery years provided in the Proposal for a Carbon-free Energy Resource, rounded down to the nearest whole number.

For illustrative purposes, we provide below an example of the calculation of the Supplier Fee that will be due to the Illinois Power Agency. If a Bidder has two Carbon-free Energy Resources selected through the CMC RFP and approved by the Commission, and if the Average Annual Projected Quantities for the Carbon-free Energy Resources are 10,750,016 CMCs and 11,750,013 CMCs, respectively, then the Supplier Fee due would be $123,750.16, which is calculated as follows:

A Supplier Fee per CMC $0.0055
B Sum of the Average Annual Projected Quantities for Carbon-free Energy Resources 22,500,029
C = A x B Supplier Fee, rounded up to the nearest cent $123,750.16

Additionally, a summary of the process and additional items required when executing the CMC Contract and related documents for ComEd is attached to this announcement.