Source: http://www.comed-energyrfp.com/2011-RFP/faqs.asp
Timestamp: 2013-06-20 04:57:28
Document Index: 67959208

Matched Legal Cases: ['art 2', 'art 2', 'art 2', 'art 2', 'art 2', 'art 1', 'art 2', 'art 1', 'art 1']

1(newest) 2 3 4 5 6 7 8 9(oldest) Next FAQ-89. With regards to the delivery requirements, does the seller have to be able to actually transfer/retire the RECS by the delivery date? For example, if a REC bidder wins 100,000 RECs, it would have to deliver 10,000 RECs by August 31, 2011. Will the bidder have to be able to physically transfer/retire the 10,000 RECS by August 31, 2011 within PJM/M-RETS?
Yes. You may also transfer through the North American Renewable Registry (“NARR”) to the account of ComEd by that date if you are NARR qualified.
5/18/2011, in
FAQ-88. Are energy credits and buy backs available for residential and small commercial customers that use small vertical wind turbines? Where can I reference the procedures and programs available from ComEd?
This procurement is sponsored by the IPA and solicits bids for standard products and RECs with standard energy products provided by wholesale suppliers. While residential and small commercial customers can participate, it is likely not very practical and energy and RECs can be sold by these customers to aggregators. Under the Illinois Public Utilities Act ComEd only buys energy and RECs as approved by the Illinois Commerce Commission (ICC) in the Illinois Power Agency’s (IPA’s) plan and only buys forward energy and RECs through IPA administered procurement events, subject to ICC approval. Your situation sounds more like it would work with “net metering”. Please visit https://www.comed.com/sites/customerservice/Pages/interconnection_netmetering.aspx for information on ComEd net metering opportunities.
5/16/2011, in
FAQ-87. Does the Supplier Fee per block price mean that for the combination products we will be charged the same amount for the supplier fee as we would for the individual month? The supplier fee is calculated per block per product. Therefore, should you win a combination, the supplier fee would be calculated as (the fee)*(the number of products in the combination). Should you win a 1 combination of the on-peak 2011-2012 calendar year product, your supplier fee would be $795*12=$9,540.5/16/2011, in
FAQ-86. By 6PM on the date on which the Procurement Administrator submits its confidential report to the Illinois Commerce Commission (�ICC�), the Procurement Administrator notifies each Bidder whether the Procurement Administrator is recommending any of the Bidder�s Bids to the ICC. Will the procurement administrator notify the bidder of the number of blocks and which blocks of their bid the Procurement Administrator is recommending to the ICC?
By 6 PM on the date on which the Procurement Administrator submits its confidential report to the Illinois Commerce Commission (�ICC�), the Procurement Administrator notifies a Bidder with Bids that were evaluated whether any of the Bidder�s Bids are being recommended for acceptance by the Procurement Administrator. The Procurement Administrator identifies to a Bidder the number of blocks of each Product and each Combination for which the Bidder�s Bids are recommended for acceptance, and identifies the Bid that is the price for each such block.
FAQ-85. The volumes for the ComEd Standard Products RFP in the draft IPA Procurement Plan (p. 44)are different from what is stated in the Standard Products RFP Process and Rules. Please confirm the volumes stated in the Standard Products RFP Process and Rules and the Bid Form are the correct volumes.
The target quantities provided in the bid form are correct and reflect an updated load forecast as contemplated by the procurement plan and ICC Order.5/16/2011, in
FAQ-84. When will the RFP results be published?
Under the Illinois Public Utilities Act, ComEd will publish new prices two business days after the ICC renders a decision on a Procurement Event. The ICC renders a decision within two business days of receiving reports from both the Procurement Administrator and the Procurement Monitor.5/12/2011, in
FAQ-83. When will the corrected Part 2 form posted to the Web site?
A corrected Part 2 Form was posted on May 4, 2011.
5/12/2011, in
FAQ-82. Will the Part 2 Form posted prior May 4, 2011 be acceptable?
A corrected Part 2 Form was posted on May 4, 2011. This is the final form to be used by Bidders. A Bidder participating in the REC RFP will not be asked for additional information if the Bidder uses a previously posted Part 2 Form as changes in the Form posted on May 4, 2011 are only relevant to Bidders in the STP RFP. A Bidder participating in the STP RFP, who uses the earlier Form, will be asked to submit separately the certifications 8 and 9.5/12/2011, in
FAQ-81. Please confirm that a bidder awarded unsecured credit through a Guarantor can elect to post cash instead of executing a Guaranty. In this scenario, the unsecured credit threshold would be $0 until a guaranty is executed.
During the term of the Master Agreement, a bidder relying on the financial standing of a guarantor may elect to cancel the guaranty, or put the guaranty amount to zero, and post cash or a letter of credit for any collateral requirements. You may cancel the Guaranty upon 30 days notice provided that you submit substitute security in the form of cash or a Letter of Credit if there are outstanding collateral requirements from the mark-to-mark. You may amend the amount of the Guaranty upon notice to ComEd, usually within a few days.
However, for purposes of presentation of your Proposal, if you named a Guarantor in the Part 1 Proposal, the Procurement Administrator will prepare the Master Agreement and Guaranty on that basis for submission with the Part 2 Proposal. If informed with sufficient time prior to issuing the Notification of Qualification, the Procurement Administrator will accommodate a request to change the amount of your Guaranty to zero prior to the Bid Date.
FAQ-80. Will the final Guaranty be posted in Microsoft Word format? The Procurement Administrator prepares the Guaranty using the elections in the Supplement to the Part 1 Form that you submitted in your Part 1 Proposal. This Guaranty is included in the CD provided to you upon qualification.5/12/2011, in