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PECO Posts Results From September 2016 Default Service Procurement

October 6, 2016

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

PECO has posted results from its September 2016 procurement of default service electricity supplies

For residential electric default service, PECO's procurement resulted in weighted average winning bid prices ($/MWh) as follows:

Delivery Period      Price    Tranches 
                              Procured
Dec 2016–Nov 2017    $55.53      12
Dec 2016–Nov 2018    $56.33       9

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 2016 to November 2017 at a weighted average winning bid price of $54.20/MWh

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