2017 Block Energy and Capacity RFPs (AIC, ComEd, and MEC)
Illinois Power Agency procured monthly standard block forward energy products (on-peak and off-peak) for three Illinois utilities—Ameren Illinois, ComEd, and MidAmerican Energy—covering June 2017 through May 2020, with supplier fees of $92–$138 per block per month. The Spring 2017 RFP closed in late March with results announced in April 2017 and ICC approval required before contract execution.
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AI overview
The Illinois Power Agency conducted a Spring 2017 procurement of monthly on-peak and off-peak standard block forward energy products for Ameren Illinois Company (AIC), Commonwealth Edison Company (ComEd), and MidAmerican Energy Company (MEC). The supply period for these standard block forward products runs from June 1, 2017 through May 31, 2020. The procurement includes monthly blocks offered in on-peak and off-peak segments as well as various combination products.
Key milestones for the Spring 2017 procurement include: Invitation to Comment issued February 13, 2017; Draft RFP Rules released February 22, 2017; Final RFP Rules and supplier contracts released March 6-7, 2017; Bidder Information Webcast held March 8, 2017; Part 1 Proposals due March 24, 2017; Part 2 Proposals due March 29, 2017 by 12:00 PM CPT; Bid results announced April 7, 2017 with ICC approval.
Bidders are required to submit comprehensive proposals including financial attestations, pre-bid letters of credit, and detailed certifications. Pre-bid letters of credit requirements vary by utility ($5,000 per block per month). Supplier fees are $92 per off-peak block and $138 per on-peak block. Bidders must comply with all standard supplier contract terms including confirmation agreements for AIC and MEC, and EEI Master Agreements for ComEd, which include collateral annexes, guaranty requirements, and mark-to-market calculations.
Winning bidders are required to execute final supplier contracts within three business days of ICC approval. The procurement process includes evaluation by both the Procurement Administrator and Procurement Monitor, with results subject to ICC review and approval before bidder notification.
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Proposal Document
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