Golden Spread Electric Cooperative, Inc. 2026 RFP for SPP Capacity and Energy

Golden Spread Electric Cooperative, Inc. (GSEC) is issuing a Request for Proposals to procure firm or deliverable capacity products in the Southwest Power Pool (SPP) to meet specific resource capacity needs. GSEC seeks 50 MW of firm or deliverable capacity beginning June 1, 2031, through May 31, 2036, and 100 MW of firm or deliverable capacity beginning June 1, 2036 and beyond. Volumes up to 200 MW will be considered for all time periods. Proposals must be for a minimum of 5 years and may include capacity with or without associated energy components. Products must meet SPP definitions of Firm Capacity, Firm Power, or Deliverable Capacity as outlined in the SPP Open Access Transmission Tariff and SPP Planning Criteria. Firm capacity must be reliably deliverable to GSEC load or zone area in accordance with current tariff requirements, with Transmission Service Request (TSR) or Generation Interconnection Agreement (GIA) costs to be considered in total pricing.

GSEC will consider proposals from diverse energy suppliers including electric utilities, power marketers, exempt wholesale generators, independent power producers, and generation developers. Acceptable contractual structures include Power Purchase Agreements (PPAs), partnership agreements, build-transfer agreements, and joint ownership arrangements. Proposals may be for annual or summer-only capacity and can reflect any resource type with fixed capacity volumes. Proposals should follow the parameters outlined in Appendix A (Evaluation Offer Form) and may include supporting documentation detailing the respondent and proposed resource(s).

Evaluation criteria include offer prices and comparable costs including taxes, proposal responsiveness, logistical/technical/economic/commercial viability, reliability of supply, value-added benefits, financial stability, and creditworthiness. GSEC will assess credit through tangible net worth, cash flow and liquidity measures, leverage ratios, and may request additional financial information. Credit support in acceptable forms may be required from successful bidders. Contract negotiations will follow shortlist and finalist notifications.