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Ohio Reveals Winning Bidders From AEP Ohio Default Service Auction

April 25, 2016

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Copyright 2010-16 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

The Public Utilities Commission of Ohio has disclosed winning bidders from AEP Ohio's March 2016 default service auction for a portion of default service supplies for the period June 1, 2016 to May 31, 2018

As previously reported, the auction resulted in a tranche-weighted average price of winning bids of $46.24/MWh

The auction awarded 17 tranches for SSO supply for a delivery term of June 1, 2016 to May 31, 2018

Winning bidders were:

Company                   Tranches Won
BTG Pactual Commodities (US) LLC   1
ConocoPhillips Company             1
DTE Energy Trading, Inc.           5
Exelon Generation Company, LLC     7
FirstEnergy Solutions Corp.        3

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