The Competitive Bidding Process
This competitive bidding process (“CBP”) is a solicitation process by which The Cleveland Electric Illuminating Company, The Toledo Edison Company, and Ohio Edison Company ("FirstEnergy Ohio Utilities"), wholly-owned subsidiaries of FirstEnergy Corp, are seeking to procure full requirements service for their Standard Service Offer (“SSO”) customers – which is load not being served by a Competitive Retail Electric Service ("CRES") Supplier and excludes load associated with customers on the Percentage of Income Payment Plan (“PIPP Customers”). Winning bidders will assume all responsibilities of a Load Serving Entity (“LSE”).
The schedule for the auctions and the delivery periods of the products being procured can be found here.
As CBP Manager, CRA International manages the auction process. A descending-price clock bidding format will be used. For additional information regarding the CBP and to receive updates please register on this Information Website. Click here to register.
This CBP process is being conducted pursuant to the FirstEnergy Ohio Utilities’ Electric Security Plan (“ESP”) filing in Case No. 12-1230-EL-SSO and is subject to modification by the Public Utilities Commission of Ohio. Click here for more information.
The information provided on the CBP, or on the auction information Website, has been prepared to assist bidders in evaluating the CBP. It does not purport to contain all the information that may be relevant to a bidder in satisfying its due diligence efforts. Neither FirstEnergy Corp., the FirstEnergy Ohio Utilities nor the CBP Manager make any representation or warranty, expressed or implied, as to the accuracy or completeness of the information, and shall not, either individually or as a corporation, be liable for any representation expressed or implied in the CBP or any omissions from the CBP, or any information provided to a bidder by any other source. A bidder should check the auction information Website frequently to ensure it has the latest documentation and information. Neither the FirstEnergy Ohio Utilities nor the CBP Manager nor any of their representatives shall be liable to a participant or any of its representatives for any consequences relating to or arising from the participant's use of outdated information.