Announcements
ARCHIVED AND NO LONGER RELEVANTMarch 25, 2009: PECO Energy Company Invites You to a Conference Call on its Default Service Procurement Plan
On September 10, 2008, PECO Energy Company ("PECO") filed its initial default service procurement plan with the Pennsylvania Public Utility Commission ("PaPUC") to purchase electric supply to serve its default service customers (i.e., customers who do not choose service from an alternative Electric Generation Supplier ("EGS") or who contract for service and the chosen EGS does not supply the service). On March 10, 2009, 12 of the 13 parties in the proceeding before the PaPUC agreed to a settlement and filed a joint petition requesting approval of PECO’s procurement plan as modified by the settlement (the "PECO Plan"); the remaining party does not oppose the settlement. The joint petition is currently pending before the PaPUC, which could render its decision on the PECO Plan as early as April 16, 2009.
The PECO Plan is to procure supply for four classes of customers through two form Requests for Proposals ("RFPs"). One form RFP would procure full requirements service while the other form RFP would procure baseload and peak blocks of energy. PECO is holding a conference call to provide information to prospective suppliers and be ready for a possible Spring 2009 solicitation.
The conference call is scheduled for next Tuesday, March 31 at 2 p.m. (Eastern Time). Representatives from PECO will present the PECO Plan. Representatives of NERA Economic Consulting, the proposed Independent Evaluator for the procurement, will also be present. Time is scheduled for questions and discussion.
If you wish to participate, please provide by return email the total number of phone connections needed so that sufficient ports can be made available. Presentation materials will be emailed to respondents on the day prior to the presentation.
PECO Default Service Procurement Plan Conference Call:
Tuesday, March 31, 2009 (2:00pm - 3:00pm Eastern Time)
Dial-in information:
Dial-in Number: (866) 395-4710
Conference ID: 91609107