In regards to procurement events held for block energy, within two (2) business days of the Bid Date, the Procurement Administrator submits a confidential report that provides the results of the bidding, as well as a recommendation on whether the results should be accepted or rejected to the Commission for each procurement event (i.e. a separate recommendation for each of the procurement events for AIC and ComEd). The Procurement Monitor also submits to the Commission a confidential report regarding the results of such procurement event as well as a recommendation on whether these results should be accepted or rejected. The Commission decides whether to accept or reject the results of such procurement event within two (2) business days of receiving the confidential reports from both the Procurement Administrator and the Procurement Monitor.
As seen in the public notices posted to the ICC’s Electricity Procurement Process page, https://www.icc.illinois.gov/programs/electricity-procurement-process, the Commission has approved the Procurement Administrator’s selection of winning bids for each instance of the procurement of electricity pursuant to Illinois Public Act 95-0481, effective August 28, 2007 (the “Act”), including the Act’s amendments to the Public Utilities Act (“PUA”).
Please note that the Procurement Administrator cannot speculate or anticipate the Commission decision on the Fall 2022 Block Energy Procurement Events. It is entirely up to each supplier to form its own expectations in this regard.