PCIA Long Term Market Offer

Regulatory Background

Pursuant to D. 22-11-021 issued on November 17, 2022, Southern California Edison Company (SCE) through this Long-Term Market Offer (MO) process is offering to all market participants the remaining Power Charge Indifference Amount (PCIA)-eligible RPS energy not accepted during its Voluntary Allocation (VA) process and not sold in the Short-Term MO process. In this Long-Term MO process, SCE will offer for sale a “slice” of its remaining PCIA-eligible RPS resource portfolio with remaining contract terms of greater than 10 years. 

Buyers may submit Proposals to purchase from SCE up to 35% of its bundled Long-Term RPS-eligible energy and associated renewable energy certificates (RECs) as long-term contracts. The delivery term for such offers shall be from Commission approval of the Buyer’s contract (CPUC Approval Date) through mid-2040. SCE is only selling a forward Product in the Market Offer. 

Market Offer Timeline (Long Term)

Event Date
Market Offer Launch March 7, 2023
Joint IOU-hosted Market Offer Bidder’s Conference March 14, 2023 at 10:30 am – noon PPT
Offer Submittal Deadline April 11, 2023 at 1:00 pm PPT
Notification of Award* No later than May 31, 2023
Contract execution* No later than June 30, 2023
Tier 1 Advice Letter Filing* No later than July 31, 2023

*Dates are subject to change

Market Offer Participation

SCE requires enablement under an EEI Master Agreement to transact in this MO. 
SCE encourages interested market participants to register on the Power Advocate Market Offer website to gain access to solicitation materials:

Power Advocate event code 138859

Webinar Conference

SCE, PG&E, and SDG&E will jointly host a Bidder’s Conference Call on March 14, 2023 to discuss procurement in this Market Offer:

Joint IOU Bidder’s Conference for PCIA Long-Term Market Offer

Market Offer Materials

  • Market Offer solicitation Instructions 
  • Estimate of MWh volumes available, by resource technology
  • Non-Disclosure Agreement 
  • Proposal Form (the Offer Workbook)  
  • Long Term Bundled Energy and REC Sales Agreement 

Regulatory References

  • D. 21-05-030
  • D. 22-11-021