Maryland Utilities Issue Request for Proposals for the Supply of Wholesale Electric Power
September 14 2018 - 4:25PM
Business Wire
The Potomac Edison Company (PE), Baltimore Gas and Electric
Company (BGE), Delmarva Power, and Pepco have issued Requests for
Proposals (RFPs) for full-requirements, wholesale electric power
supply to meet their Standard Offer Service (SOS) obligations in
their Maryland service territories.
Each utility will provide market-based supply service to some or
all of its electric customers who do not take service from
competitive retail suppliers. The RFPs will consist of supply
contracts ranging in term from three to twenty-four months. For
BGE, Delmarva Power, and Pepco, the bidding for Residential
contracts will occur in two procurements – October 2018 and April
2019, and the contract term will be twenty-four months. For PE, the
bidding for Residential contracts will occur in four procurements –
October 2018, January, April, and June 2019, and the contract term
will range from twelve to twenty-four months. For BGE, the bidding
for small commercial Type I contracts will occur in two
procurements – October 2018 and April 2019, and the contract term
will be twenty-four months.
For PE, the bidding for small commercial Type I contracts will
occur in one procurement – October 2018, and the contract term will
be twenty-four months. For Delmarva Power and Pepco, the bidding
for small commercial Type I, is combined with Residential contracts
and will occur in two procurements – October 2018 and April 2019,
and the contract term will be for twenty-four months. For all the
Maryland Utilities, the bidding for larger commercial Type II
contracts will be for three-month term contracts and will occur
quarterly. The quarterly procurements will occur in October 2018,
January, April and June 2019. Further details regarding the
procurement schedule, including the bid due dates for this
multi-procurement process can be found in the RFP documents. The
four utilities will concurrently conduct their bidding processes
under uniform rules and timetables.
The utilities are requesting proposals totaling approximately
4,108 megawatts (MW), including:
- 516 MW for PE
- 1,731 MW for BGE
- 462 MW for Delmarva Power
- 1,399 MW for Pepco
A joint-utility pre-bid webinar will be held on September 20,
2018, at 1:00 EDT. The webinar will review the general RFP
structure and process, the specific utility bid plans, and the
power supply contract.
Additional details regarding the RFPs, the pre-bid webinar, and
utility contact information can be found by visiting any of the
following utility RFP websites:
PE
www.firstenergycorp.com/mdsosrfp
BGE
rfp.bge.com
Delmarva Power
www.delmarva.com/mdrfp
Pepco
www.pepco.com/mdrfp
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180914005569/en/
POTOMAC EDISON: 888-233-3583orBGE: Justin Mulcahy,
410-470-7433orDELMARVA POWER: 410-860-6203orPEPCO: 202-872-2680
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