For Immediate Release
Potomac Edison: 888-233-3583, BGE: 410-470-7433
Delmarva Power: 410-860-6203, PEPCO: 202-872-2680
BALTIMORE – September 5, 2014 – The Potomac Edison Company (PE), Baltimore Gas and Electric Company (BGE), Delmarva Power, and Pepco have issued Requests for Proposals (RFPs) for full-requirements, wholesale electric power supply to meet their Standard Offer Service (SOS) obligations in their Maryland service territories.
Each utility will provide market-based supply service to some or all of its electric customers who do not take service from competitive retail suppliers. The RFPs will consist of supply contracts ranging in term from three to twenty-four months. For BGE, Delmarva Power, and Pepco, the bidding for Residential contracts will occur in two procurements – October 2014 and April 2015, and the contract term will be twenty-four months. For PE, the bidding for Residential contracts will occur in four procurements – October 2014, January, April, and June 2015, and the contract term will range from twelve to twenty-four months.
For BGE, the bidding for small commercial Type I contracts will occur in two procurements – October 2014 and April 2015, and the contract term will be twenty-four months. For Delmarva Power and Pepco, the bidding for small commercial Type I, is combined with Residential contracts and will occur in two procurements – October 2014 and April 2015, and the contract term will be for twenty-four months. For all the Maryland Utilities, the bidding for larger commercial Type II contracts will be for three-month term contracts and will occur quarterly. The quarterly procurements will occur in October 2014, January, April and June 2015. Further details regarding the procurement schedule, including the bid due dates for this multi-procurement process can be found in the RFP documents. The four utilities will concurrently conduct their bidding processes under uniform rules and timetables.
The utilities are requesting proposals totaling approximately 3,705 megawatts (MW), including:
577 MW for PE
1,912 MW for BGE
305 MW for Delmarva Power
911 MW for Pepco
A joint-utility pre-bid webinar will be held on September 17, 2014, at 1:00 EDT. The webinar will review the general RFP structure and process, the specific utility bid plans, and the power supply contract.
Additional details regarding the RFPs, the pre-bid webinar, and utility contact information can be found by visiting any of the following utility RFP websites:
Delmarva Power www.delmarva.com/mdrfp
BGE, headquartered in Baltimore, is Maryland’s largest gas and electric utility, delivering power to more than 1.2 million electric customers and more than 655,000 natural gas customers in central Maryland. The company’s approximately 3,400 employees are committed to the safe and reliable delivery of gas and electricity, as well as enhanced energy management, conservation, environmental stewardship and community assistance. BGE is a subsidiary of Exelon Corporation (NYSE: EXC), the nation’s leading competitive energy provider, with 2013 revenues of approximately $24.9 billion. Like us on Facebook and follow us on Twitter, YouTube and Flickr.