Black Hills Energy today issued a request for proposals for standalone Renewable Energy Credits (RECs) in blocks of 50,000 RECs up to a total of 100,000 RECs in 2015, 250,000 RECs in 2016 and 250,000 RECs in 2017. Black Hills Energy is issuing the RFP for RECs to determine if purchasing RECs will assist the company in meeting Colorado's renewable energy mandate on a cost effective basis. As a qualifying retail utility, Black Hills is required to generate or purchase 30 percent of the energy they supply to customers from renewable sources by 2020. Compliance can also be achieved using purchased RECs.
This competitive solicitation process ensures that RECs are procured in the most cost-effective manner. The bid package will be available on Monday, April 28 at 8:00 am (MST). Bids are due on Friday, May 9, 2014 at 5:00 pm (MST). Parties interested in submitting proposals can request copies of the RFP from the Black Hills contact listed below.
Black Hills Corp. – Resource Planning Manager
2828 Plant Street, Suite B
Rapid City, SD 57702