|
|
|
|
Delaware SOS Prices from Recent Auction LOWER Than 2013
In a contrast to recent default service procurements, Delmarva Power's Delaware procurement of SOS supplies for the period starting June 1, 2014 resulted in clearing prices lower than those from last year's RFP, as well as the prices from the 2010-11 auction (whose results are being rolled out of the portfolio for mass market customers)
The RFP results reflect the combination of two bid dates, the first of which occurred before the January 2014 extreme pricing.
Specifically, the Delmarva 2013-2014 SOS procurement, for one-third of residential and small commercial (RSCI) supplies for the 36-month period beginning June 1, 2014 and 100% of medium and large commercial (MGS, LGS, and GS-P) supplies for the 12-month period beginning June 1, 2014, resulted in load weighted average clearing prices as follows ($/MWh):
Prices do not reflect transmission, the procurement cost adjustment, renewable portfolio costs, and the reasonable allowance for retail margin.
In contrast, results from the 2010-11 procurement, whose contracts are being replaced (for mass market customers), and 2012-13 procurement are below ($/MWh):
The 2013-14 residential/small commercial price of $74.48/MWh will be blended with the existing portfolio, with one-third of supply at the new price, one-third at the 2011-12 price of $83.02/MWh. and one-third at the 2012-13 price of $76.77/MWh
The lower 2013-14 RFP pricing was driven primarily by a decrease in capacity prices.
Nine bidders participated in the 2013-14 RFP. Winning bidders included:
The percent of load, by customer class, to be served by each supplier for the 2014-15 delivery year is below (including suppliers winning tranches in prior-year auctions for a portion of 2014-15 small customer load):
ADVERTISEMENT Search for more retail energy careers: Copyright 2010-
March 5, 2014
Email This Story
Copyright 2010-13 EnergyChoiceMatters.com
Reporting by Karen Abbott • kabbott@energychoicematters.com
Customer Type 2013-14 RFP
RSCI $74.48
MGS $67.79
LGS $62.81
GS-P $64.00
Customer Type 2010-11 RFP 2012-13 RFP
RSCI $85.89 $76.77
MGS N/A $78.16
LGS N/A $73.95
GS-P N/A $70.14
AEP Energy Partners, Inc.
DTE Energy Trading, Inc.
Energy America, LLC
Exelon Generation Company, LLC
Hess Corporation
NRG Power Marketing, Inc.
Supplier RSCI MGS LGS GS-P
AEP 33.3%
Constellation 17.1%
DTE Energy Trading 16.7%
Energy America 10.8%
Exelon 10.8% 33.3% 100.0%
Hess Corporation 11.4% 33.3% 100.0%
Macquarie 11.2%
NextEra 5.6%
NRG 5.4%
Shell 11.2%
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Manager, Channel Sales -- Retail Provider
• NEW! -- Vice President of Operations -- Retail Supplier
• NEW! -- Operations Specialist – Market Transactions -- Retail Provider -- Houston
• NEW! -- Regional Sales Manager, Texas -- Retail Supplier -- Houston
• NEW! -- Regional Sales Manager -- Retail Provider -- PA, NY, IL, Various
• NEW! -- Senior Business Analyst -- Retail Supplier
• NEW! -- National Accounts, Sales Advisor – Commercial -- Retail Supplier
• NEW! -- Energy Analyst (aka Pit Crew Member) -- DFW
• NEW! -- Sales Representative -- Retail Supplier -- Houston
• NEW! -- Energy Sales Manager -- Retail Provider
RetailEnergyJobs.com
|
|
|