This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Pepco Issues RFP For Wholesale Electric Power For D.C. Customers

Pepco today issued a Request for Proposals (RFP) for wholesale electric power supplies to meet its Standard Offer Service (SOS) obligation in the District of Columbia. Pepco provides market-based supply service to its electric customers who do not choose to receive service from competing retail suppliers.

The RFP is being issued as required by the District Public Service Commission, which oversees Pepco’s procurement and delivery of electricity under the Standard Offer Service provisions.

The RFP is the first step in a multi-phase bidding process that begins this month and concludes with the posting of retail rates on or before March 14, 2013. Suppliers will be bidding for supply service contracts to begin on June 1, 2013. Pepco is requesting proposals to supply a total of approximately 360 megawatts (MW). Peak load contributions by customer type include approximately 170 MW for residential customers, 10 MW for small commercial customers, and 180 MW for large commercial customers. The contracts awarded for the 170 MW in residential load and 10 MW in small commercial load are for three years and those for 180 MW in large commercial load will be for one year.

A pre-bid conference for prospective bidders will be held later this month. During the conference, Pepco’s RFP managers will review the RFP structure and process, the bid plan and the power supply contract that will be awarded to winning bidders.

Additional details regarding the RFP or the pre-bid conference can be found online at www.pepco.com/dcrfp. Information about the pre-bid conference will be added as it becomes available.

Pepco, a subsidiary of Pepco Holdings, Inc. (NYSE: POM), delivers safe, reliable and affordable electric service to more than 788,000 customers in Maryland and the District of Columbia.

Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs