Dominion Energy Virginia has issued a request for proposals (RFP) for unbundled Renewable Energy Certificates (RECs) generated from facilities sized 1 MW or less to help meet clean energy goals under the renewable portfolio standard (RPS) as defined in the Virginia Clean Economy Act (VCEA).

The RFP is soliciting bids for RECs from solar, wind, or anaerobic digestion resources for compliance with the RPS. Eligible facilities must be located in the Commonwealth; must be no larger than one megawatt in size; and not have more than three megawatts at any single location or at contiguous locations owned by the same entity or affiliated entities. The Company anticipates that most proposals will submit RECs that come from existing facilities; however, prospective bidders may submit proposals to sell RECs generated through the end of 2023 which could come from existing facilities or new facilities.

The RFP outlines the proposal requirements, including the purchase and sales agreement terms, as well as the evaluation criteria.

Notices of Intent to Bid and Confidentiality Agreements are due no later than 3:00 p.m. EST on March 8, 2021 with Purchase and Sale Proposal submittals are due no later than 3:00 p.m. EST April 5, 2021.

Customers and developers with questions on the RFP or who are are interested in learning more about the company's renewable energy expansion plans may contact us via email:
2020.DER.REC.RFP@dominionenergy.com

Announcements

• RFP Media Release

Intent to Bid Documents

• Intent to Bid Form
• Confidentiality Agreement

RFP Bid Documents

• Previous 2021 Distributed Solar DER REC RFP Document
• Updated 2021 Distributed Solar DER REC RFP Document