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Ohio Approves Results of Default Service Auction
The Public Utilities Commission of Ohio approved the results of Dayton Power & Light's second wholesale auction that will ultimately determine its retail generation service rates through May 2017.
Under the auction, two suppliers submitted winning bids to provide electricity to DP&L for 50% of DP&L's standard service offer (SSO) load for the delivery period January 2015 through May 2017.
The auction resulted in an average clearing price of $62.08 per megawatt-hour
There were five registered bidders in the auction. Identities of the winning bidders will remain confidential for 21 days.
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September 25, 2014
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Copyright 2010-14 EnergyChoiceMatters.com
Reporting by Karen Abbott • kabbott@energychoicematters.com
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