The Letter of Credit is unrelated to the supplier fees.  If the ICC approves some or all of the Bidder’s Bids, the Bidder will have seven (7) business days after ICC approval to pay to the IPA the Supplier Fees associated with those winning Bids. The ICC decision is expected on Thursday, October 19, 2017.

The Supplier Fee for the Fall 2017 DG RFP is $7 per REC for the quantity of RECs associated with winning Bids across all Delivery Years. The Supplier Fee of $7 per REC is applicable to RECs associated with identified systems and forecast quantities.