Projects with winning Bids approved by the Commission will be assessed a Supplier Fee per REC that reflects the cost of conducting the procurement event less the total of the Bid Participation Fees. The exact amount of the Supplier Fee per REC will be announced no later than two (2) business days before the Bid Date. An estimate of the Supplier Fee per REC was provided on slide 16 in the Bidder Information Webcast held on March 22, 2022 and posted to the Final Materials page. Payment of the Supplier Fees to the IPA by the Bidder or Seller will be due within seven (7) business days after Commission approval of the Bids.
Revised 03/28/2022, originally posted 02/22/2022