2025 RPS Bundled REC Sales Request for Proposals

 

Overview

 

As authorized by D.24-12-035, San Diego Gas & Electric Company (SDG&E) is issuing this Request for Proposal (RFP) to seek offers from third parties interested in purchasing 2025 and 2026 Portfolio Content Category 1, or PCC 1, REC product from eligible renewable resources under contract with SDG&E.

 

Anticipated Product Type

  Bundled

Product Types:

2025 and 2026 Portfolio Content Category 1 (“PCC 1”) Bundled RECs remaining from the pool of RPS-eligible projects.

Term:

Short-term transactions only,  for 2025* - 2026 calendar year deliveries.

 

*For the balance of 2025, commencing upon final and non-appealable CPUC approval of signed agreements

Point of Delivery:

EZ GEN HUB (TH_SP15_GEN-APND)

Volume:

For [X]% of 2025 actual generation and [Y]% of 2026 actual generation 2026.  All bids must be submitted in ten percent (10%) increments, with a maximum of one hundred percent (100%).  SDG&E forecasts generation to be approximately 590,000 MWh for 2025* and 470,000 MWh for 2026. 

 

*The balance of the 2025 actual generation will be prorated since deliveries will commence upon the CPUC approval of signed agreements. 

Latest News & Update

Respondents are encouraged to check the RFP Website periodically for updates, notices, and postings. SDG&E, at its sole discretion, pursuant to orders from the CPUC, may change the terms, requirements and schedule of this solicitation. Respondents should monitor the RFP Website for announcements regarding any updates or changes including posted questions & answers. SDG&E will post all solicitation announcements, including scheduling changes or RFP amendments to this website.

  • 2/12/2025 - RFP Launched!

Key RFP Documents

This website provides an overview of the market solicitation. Respondents must read the RFP Protocols document to fully understand all aspects of this RFP.

RFP Submission Documents

SDG&E’s version of the RPS Sales Agreement (Bundled Product).  Offerors should submit the following documents, including any mark-ups to the pro forma PPA, with their Offer.

  • Offer Form
  • RPS Sales Agreement (bundled)
  • Credit Application

All documents can be downloaded and submitted via the Power Advocate® website.

RFP Schedule

The following are the key deadlines that apply to this RFP. SDG&E reserves the right to revise this schedule at any time and at SDG&E's sole discretion. Respondents are responsible for accessing the RFP website for updated schedules and possible amendments to the RFP or the solicitation process.

No

Event

Date

1

RFP Issued

February 12, 2025

2

CLOSING DATE

Offers must be submitted to the PowerAdvocate® website no later than NOON (Pacific Standard Time).

February 19, 2025

3

SDG&E notifies shortlisted Bidder(s).

No later than February 25, 2025

4

SDG&E issues appreciation notices to unsuccessful Bidders. 

March 3, 2025

5

SDG&E commences with Transaction Document negotiations.

March 2025

6

SDG&E submits Tier 1 Advice Letter(s) with agreements for Commission approval.

No later than 21 days after contract execution

Contact Information

All questions or other communications regarding this 2025 RPS REC Sales RFP MUST be submitted via email to BOTH [email protected] with a CC to [email protected] (Independent Evaluator). All questions and their answers will be posted publicly on this website anonymously soon after receipt. We cannot respond directly to or confidentially to any questions.

Registration and Submission Information

The RFP and all subsequent revisions and documents are available for download from the Power Advocate® website. Potential Offerors are responsible for monitoring the RFP Website for subsequent updates, notices and postings.

Offerors must submit bids into the 230101: 2025 RPS Bundled REC Sales RFP event on the Power Advocate® website. Offerors intending to submit an Offer but who do not yet have an existing account with PowerAdvocate® must first register to create a username/password to receive access to the event. For more information, please visit the Supplier’s Guide to Sourcing Intelligence – Power Advocate.

http://www.poweradvocate.com/pR.do?okey=230101&pubEvent=true

 

Participation from Diverse Business Enterprises

SDG&E encourages Diverse Business Enterprises (“DBEs”), “Women-Owned Businesses” or “Minority-Owned Businesses” or “Disabled Veteran Business Enterprises” as defined in G.O. 156[1], to participate in this RFP.

Additional information on SDG&E’s DBE program and utilizing DBEs can be found at:

http://msmdun.z3312.com/more-information/doing-business-with-us/supplier-diversity  and http://www.cpuc.ca.gov/supplierdiversity

DBEs can request additional information by contacting SDG&E at:

[email protected].