The company will seek renewable power resources that will offer lower costs and exceptional value to the company and its customers.
Alabama Power prefers a contract term of five, 10 or 15 years, but will consider bids of any duration. There is a bidder’s fee of $500 to help defray administrative costs. All renewable power resources, RECs and CAs must satisfy the criteria of the Green-e energy National Standard for Renewable Electricity Products, Gold Standard, the Climate Registry or another source approved by the company.
“Developing practical renewable power resources is important to the company and our customers,” said Howard Smith, Alabama Power’s manager of resource planning. “We hope this RFP will yield new ideas and cost-effective solutions for providing renewable power resources in Alabama.”