PECO is reopening its competitive request for proposals (RFP) to procure long-term renewable energy, capacity and associated solar photovoltaic alternative energy credits from new solar projects in Pennsylvania. The RFP, approved by the Pennsylvania Public Utility Commission, is designed to support the continued expansion of solar power generation across the state.
PECO
Through this RFP, PECO will enter into fixed-price power purchase agreements (PPAs) by June 2026 for solar photovoltaic projects that deliver energy, capacity and SPAECs over a 10-year term. To qualify, projects should have an anticipated in-service date on or before May 31, 2029. After an initial procurement this past summer, PECO is now inviting solar developers to participate in this RFP extended to spring 2026.
PECO will accept proposals for a shared percentage of projects larger than 25 MW, with a minimum project size of 5 MW. All projects must be connected to the PJM Interconnection grid and capable of selling energy and capacity into PJM markets. In addition, projects must qualify as Tier I solar Alternative Energy Systems under Pennsylvania’s Alternative Energy Portfolio Standards Act.
PECO and independent evaluator NERA Economic Consulting will host a live Bidder Information Webcast on November 19, at 1 p.m. ET to help participants understand the procurement process. The webcast will provide an overview of the RFP structure, project eligibility requirements, PPA schedule and proposal submission process.
News item from PECO
