Oklahoma City, Nov. 3, 2005 — OG&E Electric Services announced it is seeking proposals from electricity providers who can deliver firm power into the OG&E system between June 1 and Aug. 31, 2006.
OG&E is asking bidders to submit proposals to provide not less than 50 megawatts per hour and up to 600 megawatts per hour of electric energy to the company’s customers.
“This process will help us to determine the best value for our customers, and help potential providers plan in advance,” said OG&E spokesman Brian Alford. “During the summer, when customer demand is the highest and exceeds the capabilities of our low-cost coal units, it is especially important to identify and utilize the most reasonably priced sources of power. This RFP allows us to compare what’s available in the market with the cost of producing electricity from our own gas-fired plants.”
OG&E plans to host a technical conference on Nov. 14 in Oklahoma City with any interested parties. The goal of the conference is to solicit input from potential bidders, ensure that they understand OG&E’s needs and objectives, and to make sure OG&E officials are fully informed of available capabilities in the power market. The company would answer any questions about the RFP process, followed by the issuance of a final RFP on or about Nov. 21. Offers will be due Dec. 5 and conditionally awarded by Dec. 19.
Completion of any contracts would be expected in early January 2006, subject to approval by the Oklahoma Corporation Commission.