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October 02, 2013
Brattle Economists to Manage Large Purchase of Solar Alternative Energy Credits by FirstEnergy’s Pennsylvania Utilities

Economists at The Brattle Group will manage a Request for Proposal (RFP) process to purchase 13,500 Solar Photovoltaic Alternative Energy Certificates (SPAECs) annually over a ten-year period on behalf of FirstEnergy’s Pennsylvania Utilities – Penn Power, Penelec, West Penn Power, and Metropolitan Edison Company. Bidders in this RFP can offer to sell tranches of SPAECs, where each tranche represents a commitment to sell 500 SPAECs annually over a ten-year period.

The RFP process will take place in October and November, with qualifying applications due by October 24, 2013 and bids due by November 14, 2013. An online information session will be held on October 15, 2013.

Further information about the SPAEC RFP is available on FirstEnergy’s website at www.firstenergycorp.com/PA2013SPAECRFP. Questions about the process may be directed to The Brattle Group at pa-spaec-rfp-2013@brattle.com.