Announcements


BEC-45: If we have winning bids in the Fall 2022 Block Energy and Capacity RFP that are approved by the Commission and therefore become a supplier under an applicable supplier contract, are we able to work directly with a Company during the delivery term to receive a credit assessment for a Guarantor and submit a Guaranty?

Yes, a supplier may work directly with a Company during the delivery term to receive a credit assessment for a Guarantor and to submit a Guaranty. The creditworthiness assessment includes a review of the Guarantor’s credit ratings and financial information.

A supplier may not rely on a Guarantor that does not meet the minimum credit ratings described in the contract for a Company. The minimum credit ratings are provided in Table A of the (AIC) Confirmation Agreement and Paragraph 10 of the Coversheet of the (ComEd) Master Agreement. An executed guaranty acceptable to the Company must be provided.