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For Immediate Release

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Pepco Issues RFP for Wholesale Electric Power for District of Columbia Customers

WASHINGTON, D.C. (Oct. 4, 2017)- Pepco today issued a Request for Proposals (RFP) for wholesale electric power supplies to meet its Standard Offer Service 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 Feb. 1, 2018. Suppliers will be bidding for supply service contracts to begin on June 1, 2018. Pepco is requesting proposals to supply a total of approximately 327 megawatts (MW). Peak load contributions by customer type include approximately 111 MW for residential customers, 9 MW for small commercial customers, and 207 MW for large commercial customers. The contracts awarded for the 111 MW in residential load and 9 MW in small commercial load are for three years and those for 207 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 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 the PEPCO RFP page. Information about the pre-bid conference will be added as it becomes available.

Readers are encouraged to visit The Source, Pepco's online news room. For more information about Pepco, visit www.pepco.com. Follow us on Facebook at www.facebook.com/pepcoconnect and on Twitter at www.twitter.com/pepcoconnect. Our mobile app is available here.      

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