Announcements
ARCHIVED AND NO LONGER RELEVANTAugust 24, 2010: PECO Fall 2010 Solicitation: Allocation of Separately Procured Alternative Energy Credits
Default Service Suppliers are responsible for providing Alternative Energy Credits (AECs) during the term of the Full Requirements SMA. Under Section 2.6 of the SMA, a Seller's AEPS obligation will be reduced by the number of AECs allocated to the Seller in the Transaction Confirmation. Please find below the AECs that PECO will allocate to each Full Requirements tranche (both Fixed-Price and Spot-Price).
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Tier 1 Non-solar
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Residential
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Small Commercial
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Medium Commercial
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Large Commercial & Industrial
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Jan 2011 - May 2011
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1280
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1197
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1511
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1388
|
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June 2011 - May 2012
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2922
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3053
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3822
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1822
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June 2012 - May 2013
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2392
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2237
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N/A
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N/A
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Any PECO AECs allocated to Seller’s AEPS Obligation remain the property of PECO and are not transferred to the Seller. In the event that the Seller's AEPS Obligation for an AEPS Reporting Period is less than the amount of AECs allocated to the Seller's Obligation, the Seller will not be required to transfer any AECs to PECO for that Reporting Period. The allocated AECs will remain the property of PECO. No credit will be granted to the Supplier and the Supplier cannot request that these AECs apply to any other Reporting Period’s obligation.
The same number of Alternative Energy Credits will be allocated to tranches in the same Class, regardless of whether they are Fixed-Price or Spot-Price.