Implementing Sector | Utility |
---|---|
Category | Financial Incentive |
State | Ohio |
Incentive Type | Performance-Based Incentive |
Web Site | https://www.firstenergycorp.com/utilitypowerprocurements/oh/rec_procurements/index.html |
Administrator | Navigant Consulting |
Start Date | 07/01/2010 |
Utilities | Cleveland Electric Illum Co, Ohio Edison Co, The Toledo Edison Co |
Eligible Renewable/Other Technologies | Geothermal Electric, Solar Thermal Electric, Solar Photovoltaics, Wind (All), Biomass, Hydroelectric, Municipal Solid Waste, Fuel Cells using Non-Renewable Fuels, Landfill Gas, Fuel Cells using Renewable Fuels |
Applicable Sectors | Commercial |
Equipment Requirements | Must be PUCO-certified or eligible to be PUCO-certified |
Installation Requirements | System must be interconnected with an electric utility |
Ownership of Renewable Energy Credits | Customer sells RECs to FirstEnergy |
Note: Check the program website for the most recent Requests for Proposals.
As part of its Electric Security Plan, FirstEnergy will periodically solicit proposals for Renewable Energy Credits (RECs) and Solar Renewable Energy Credits (SRECs). Proposals were accepted for long-term contracts, and the recent short-term contract window has closed. Requests for proposals will not be available at regular intervals; check the program website for current information regarding application due dates. FirstEnergy will not be purchasing energy or energy capacity under this proposal. All application materials are available on the program website, and all applicants must be certified by the Public Utilities Commission of Ohio.
Short-Term Contracts
In the most recent short-term contract procurement, FirstEnergy is seeking to purchase 470,000 RECs (which may include solar and non-solar RECs) from Ohio or states contiguous to Ohio. All SRECs must be created between January 1, 2020 and December 31, 2022.