Southern California Edison Company’s 2014 REC RFP had a Collateral Requirement of up to 20% of the total contract value (over the entire term of the contract).  The Collateral Requirement of 100% of the Annual Contract Value in the REC Contract is equivalent to less than 7% of the total contract value.  In addition, Pennsylvania Power Company’s SPAEC RFP had a Collateral Requirement equivalent to 200% of the annual contract value.

Revised 7-21-2017 first posted 7-5-2017