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PECO Posts Prices From Default Service Procurement
PECO has posted results from its September 2015 procurement of a portion of electric default service supplies for various periods through 2017.
For residential electric default service, PECO's procurement resulted in weighted average winning bid prices ($/MWh) as follows:
Each tranche is 1.6% of class load
For small commercial service, PECO procured 12 tranches, each representing 4.17% of class load, for the period December 2015 to November 2016 at a weighted average winning bid price of $65.22/MWh
For medium commercial service, PECO procured 12 tranches, each representing 8.33% of class load, for the period December 2015 to May 2016 at a weighted average winning bid price of $67.06/MWh
PECO expects to post its December 1, 2015 actual Price to Compare by approximately October 19, 2015
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September 25, 2015
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Copyright 2010-15 EnergyChoiceMatters.com
Reporting by Karen Abbott • kabbott@energychoicematters.com
Delivery Period Price Tranches Procured
Dec 2015–Nov 2016 $62.28 12
Dec 2015–Nov 2017 $61.53 9
Jan 2016–May 2017 $63.67 2
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