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Update: PUCO Approves Results from Duke Energy Ohio Default Service Auction

November 18, 2015

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Copyright 2010-15 EnergyChoiceMatters.com
Reporting by Karen Abbott • kabbott@energychoicematters.com

Update 11/19: PUCO approved the results of the auction as described below

Originally Posted November 18:

The Public Utility Commission of Ohio is to consider today results from Duke Energy Ohio's November Standard Service Offer auction for a portion of default service suppliers for the delivery period June 1, 2016 – May 31, 2018.

The auction resulted in a tranche-weighted average price of winning bids of $49.86/MWh for 17 tranches of SSO supply for a term of June 1, 2016 – May 31, 2018.

There were 3 winning bidders

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