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