Renewal entered into with:
Vendor: People's Energy, Corp.
An estimated $100,000
Renewal: 2nd of 2, 7/1/2012 through 6/30/2013
None since the previous renewal.
Sole Source Status:
Natural gas delivery/distribution is controlled by Peoples Gas.
Potential Future Renewals:
Comments: The UIC campus's electric and natural gas needs are unique, complex and interdependent on each other. This is because of the two co-generation plants that supply the campus with heating (in the form of steam and high temperature hot water) and electricity. The UIC campus has the capability to either purchase electricity, or purchase natural gas to produce electricity. The choice is based on the campus' (always fluctuating weather-dependent) heating/cooling needs, the (hourly fluctuating) price of electricity, the (daily fluctuating) price of natural gas, the EPA emissions limits of the plants, plant capacity availability due to scheduled/emergency maintenance/repairs, etc.
The campus is a large enough electricity user to consistently be in COMED's top twenty annual customers. In 2009, UIC began purchasing wholesale electricity from the PJM market through Prairieland Energy Inc. (PEI), a University of Illinois related organization (URO). COMED is still the (sole source) local electric distribution company. There is also a tariff-based contract in place to address any excess generated electricity being sold back to COMEDâs grid.
The buyer for this procurement is now John
Meehan, (312) 413-5961.
The University award process may be delayed up to thirty days as this award goes through a state approval process.