Arizona Administrative Code
Title 14 - PUBLIC SERVICE CORPORATIONS; CORPORATIONS AND ASSOCIATIONS; SECURITIES REGULATION
Chapter 2 - CORPORATION COMMISSION - FIXED UTILITIES
Article 7 - RESOURCE PLANNING AND PROCUREMENT
Section R14-2-705 - Procurement
Universal Citation: AZ Admin Code R 14-2-705
Current through Register Vol. 30, No. 38, September 20, 2024
A. Except as provided in subsection (B), a load-serving entity may use the following procurement methods for the wholesale acquisition of energy, capacity, and physical power hedge transactions:
1.
Purchase through a third-party online trading system;
2. Purchase from a third-party independent
energy broker;
3. Purchase from a
non-affiliated entity through auction or an RFP process;
4. Bilateral contract with a non-affiliated
entity;
5. Bilateral contract with
an affiliated entity, provided that non-affiliated entities were provided
notice and an opportunity to compete against the affiliated entity's proposal
before the transaction was executed; and
6. Any other competitive procurement process
approved by the Commission.
B. A load-serving entity shall use an RFP process as its primary acquisition process for the wholesale acquisition of energy and capacity, unless one of the following exceptions applies:
1. The load-serving entity is experiencing an
emergency;
2. The load-serving
entity needs to make a short-term acquisition to maintain system
reliability;
3. The load-serving
entity needs to acquire other components of energy procurement, such as fuel,
fuel transportation, and transmission projects;
4. The load-serving entity's planning horizon
is two years or less;
5. The
transaction presents the load-serving entity a genuine, unanticipated
opportunity to acquire a power supply resource at a clear and significant
discount, compared to the cost of acquiring new generating facilities, and will
provide unique value to the load-serving entity's customers;
6. The transaction is necessary for the
load-serving entity to satisfy an obligation under the Renewable Energy
Standard rules; or
7. The
transaction is necessary for the load-serving entity's demand-side management
or demand response programs.
C. A load-serving entity shall engage an independent monitor to oversee all RFP processes for procurement of new resources.
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