The May 1, 2009 announcement regarding the ICCs approval of the Standard Products RFP lists the Average Prices and Quantities of Products and Combinations. What is a “Product in the RFP, and what is a Combination”?
See Article I of the RFP Rules. A Product is a constant quantity of energy to be delivered at the Northern Illinois Hub (“NiHub”) for either the on-peak hours or the off-peak hours of a specific month. An RFP Bidder was able to bid on any number of Products. In addition, an RFP Bidder was able to bid on Combinations. A Combination is a grouping of two or more Products. An RFP Bidder could bid on one or more of fourteen (14) specific Combinations, consisting of seven (7) groupings of on-peak Products and seven (7) groupings of off-peak Products. These groupings are: July and August 2009; October, November, and December 2009; January and February 2010; March and April 2010; June 2009 to May 2010; July and August 2010; and January and February 2011. 5/6/2009, in Standard Products RFP.
