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Indexed REC-71: Can you provide instructions on the payment of the Supplier Fee?

Two electronic methods of payment, ACH or E-Pay, will be accepted by the IPA for the payment of the required supplier fees. The Procurement Administrator will distribute detailed instructions for payment of the supplier fees to Bidders that have Bids approved by the ICC. The ICC renders its decision on the results of the Summer … Continue reading Can you provide instructions on the payment of the Supplier Fee?

Indexed REC-41: When is the bid assurance collateral returned if we submit a Bid and the Project is selected and in the case the Project is not selected?

All bid assurance collateral remains in place until the Commission has rendered a decision on the results of the procurement event. If the Bid for a Project is selected by the evaluation procedure and approved by the Commission, bid assurance collateral remains in place until full execution of the Indexed REC Contract and posting of … Continue reading When is the bid assurance collateral returned if we submit a Bid and the Project is selected and in the case the Project is not selected?

Archived-BEC-89: When is the Fuel Mix Report due and what format should it be provided to the Procurement Administrator?

The Fuel Mix Report is due by 6 PM CPT on Tuesday, April 18, 2023. The expected fuel mix should only be provided for each Company, month, and segment (On-Peak and Off-Peak) for which the Bidder has Bids identified as winning Bids. The completed Fuel Mix Report must be provided in Microsoft Excel format and … Continue reading When is the Fuel Mix Report due and what format should it be provided to the Procurement Administrator?

Archived-BEC-87: Can you provide instructions on the payment of the Supplier Fee?

Two electronic methods of payment, ACH or E-Pay, will be accepted by the IPA for the payment of the required supplier fees. The Procurement Administrator will distribute detailed instructions for payment of the supplier fees to Bidders that have Bids approved by the ICC. The ICC renders its decision on the results of the procurement … Continue reading Can you provide instructions on the payment of the Supplier Fee?

BEC-7: How should we complete the report that the IPA will request on the actual fuel mix supplied if a portion of the energy we supplied is sourced from PJM or MISO?

The IPA will request the actual fuel mix of supply from the Bidder in each December for the preceding six months of a Planning Year for which energy was supplied to a Company and in each June for the preceding six months of a prior Planning Year for which energy was supplied to a Company. … Continue reading How should we complete the report that the IPA will request on the actual fuel mix supplied if a portion of the energy we supplied is sourced from PJM or MISO?

BEC-6: How should we complete the Fuel Mix Report (Appendix 18) if the energy we supply is expected to be sourced from PJM or MISO?

When completing the Fuel Mix Report (Appendix 18) for a procurement event for Energy Products for a Company (AIC and/or ComEd), the Bidder should provide the expected fuel mix underlying the bids to the best of the Bidder’s ability. It is expected that the Bidder would not just provide “PJM fuel mix” or “MISO fuel … Continue reading How should we complete the Fuel Mix Report (Appendix 18) if the energy we supply is expected to be sourced from PJM or MISO?

Indexed REC-8: Is the Average Winning Bid Price ($/MWh) provided in the Indexed REC RFP Results a weighted average?

The Average Winning Bid Price of $72.59/MWh, provided in the Indexed REC RFP Results for Fall 2022, is an average of the winning strike price for the winning utility-scale solar and brownfield site photovoltaic projects weighted by the annual quantity of RECs awarded for each project. Please note, there were no winning utility-scale wind projects … Continue reading Is the Average Winning Bid Price ($/MWh) provided in the Indexed REC RFP Results a weighted average?