Section 1-75(c) of the IPA Act also requires the utilities to acquire RECs from distributed generation (“DG”) devices amounting to at least 1% of each utility’s total RECs target.  Please see the 2017 IPA Procurement Plan for further details on the intent of the procurement events approved under this Procurement Plan (https://www.illinois.gov/sites/ipa/Pages/2017-Procurement-Plan.aspx).

The Procurement Monitor recommended that bidders be allowed to offer “speculative RECs” in order to improve bidder response.  This recommendation was incorporated into this procurement event as bidders presenting a proposal may include a Forecast Quantity of RECs to be delivered by systems that they have yet to identify.