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Q1) Would Duke Energy Carolinas consider a demand response proposal to meet its need for intermediate and/or peaking power?

A)  Duke Energy Carolinas will not consider a demand response proposal under this RFP. If a party wishes to submit such a proposal, please contact Duke Energy Carolinas directly.

Q2) We recently purchased 4 gas turbines. These units are new, never installed. They will generate about 300 MW total. Is it possible to bid into the peaking RFP with only 300 MW as an ownership offer? We can offer the units installed with a warranty or as is without a warranty. We do not have a site but are willing to offer a turnkey price on a site Duke selects.

A)  The only advise we can provide is to follow the specific guidelines of the RFP and make your best offer(s). If your offer is selected for further consideration, the specific details can be worked out during negotiations.

Q3) When does Duke intend to notify those who have been short-listed?

A)  The evaluation of the bids is expected to take six to ten weeks, depending on the number of respondents. Therefore the short list will be developed by mid to late September. Bidders will be notified shortly thereafter.

Q4) What is Duke's desired deadline for entering into contractual relationships (if any) as a result of this RFP?

A)  Duke expects to have contract negotiations for any resulting contracts completed by the end of 2007 for power purchase agreements and by first quarter of 2008 for any build/transfer projects.

Q5) We were not planning to lock up a site or price a site. We are coming in as an EPC with a installed price. Is that OK?

A)  You may bid an EPC with an installed price if you clearly state all your assumptions, but it may not be evaluated as favorably without a site locked up.