Indexing Adjustment Mechanism Informational Filing

The Request for Proposal (RFP) Drafting Parties have made an Informational Filing at the DPU describing the finalized Indexing Adjustment Mechanism on September 29, 2023. This Informational Filing describes the purpose of the Indexing Adjustment Mechanism, the process by which the Petitioners arrived at the Indexing Adjustment Mechanism, and how the Indexing Adjustment Mechanism will be implemented as an option in the RFP.

On August 4, 2023, the RFP Drafting Parties provided an informational update regarding a forthcoming Request for Information (RFI) on the Indexing Adjustment Mechanism pursuant to Section 2.2.1.5 of the proposed 83C Round 4 RFP submitted to the Department. This early notification was provided to allow stakeholders additional time to coordinate resources for the purpose of preparing their response. On August 25, 2023, interested parties and stakeholders were invited to provide comments in response to the questions in the RFI and those comments are available at https://macleanenergy.com/83c-iv/request-for-information/. On August 23, 2023, the Department approved the timetable and method for solicitation found in the RFP, including the proposed Indexing Adjustment (as defined in the RFP). On August 31, 2023, the RFP Drafting Parties made an informational filing at the DPU amending the RFP to conform the DPU directions, which was posted at macleanenergy.com.

Please follow this link to Indexing Adjustment Mechanism Informational Filing or find it at macleanenergy.com/83c-iv/83c-iv-documents/.

Also, note registration for the upcoming bidder’s conference is available at https://macleanenergy.com/83c-iv/83c-iv-bidders-conference/.