Chicago pushes electric franchise RFI deadline to late September
Illinois – The city of Chicago extended its deadline for submissions to 4 p.m. CDT September 30 on a request for information (RFI) that opened this spring regarding a new franchise agreement for electric utility service. In an earlier addendum, Chicago extended the deadline to July 30.
Through the RFI process, for the first time in nearly 30 years, the city will evaluate information from the electricity industry, including its current provider, regarding a new franchise agreement with the city as it plans for electrified transportation and building sectors and a decarbonized economy.
The RFI issuance does not sever the relationship with the city’s existing provider or represent a decision to move forward to negotiate a franchise with another utility provider. Instead, it serves as a due diligence effort. After evaluating responses to the RFI, the city may choose to propose a new franchise agreement with its current provider, or it may consider additional steps to evaluate other franchise options and partners.