On October 2, 2025, CRA International, Inc. (NASDAQ: CRAI) announced that it will conduct a Request for Proposal (RFP) process to procure Renewable Energy Credits (RECs) for FirstEnergy Corp.’s Ohio subsidiaries—Ohio Edison Company, The Cleveland Electric Illuminating Company, and The Toledo Edison Company. The RFP will be managed by CRA International and is approved by the Pennsylvania Public Utility Commission (PUCO).
The RFP process includes a webinar for prospective bidders scheduled for Thursday, October 2, 2025, and a bid proposal submission deadline of November 4, 2025. Bidders must submit credit applications, qualifying applications, and pricing proposals by the November 4 deadline. The RFP may cover both solar and non‑solar RECs, providing a broad range of renewable energy options for the utilities’ customers.
This announcement represents a significant new opportunity for CRA International, as FirstEnergy Ohio Utilities is a large, multi‑utility customer with substantial renewable energy procurement needs. Securing the RFP could result in a multi‑year engagement that enhances CRAI’s presence in the energy consulting market and potentially generates substantial revenue and margin contributions in the coming fiscal periods.
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