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PECO Posts Prices From Default Service Procurement
PECO has posted results from its March 2017 procurement of a portion of electric default service supplies for various periods through 2019.
For residential electric default service, PECO's procurement resulted in weighted average winning bid prices ($/MWh) as follows:
For small commercial electric default service, PECO's procurement resulted in weighted average winning bid prices ($/MWh) as follows:
For medium and large C&I service, the auction resulted in a weighted average price adder (to hourly PJM prices) of $2.78/MWh for the term June 2017 to May 2018
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March 31, 2017
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Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
Delivery Period Price Tranches
Procured
June 2017–May 2018 $54.42 12
June 2017–May 2019 $56.85 11
Each tranche is 1.6% of class load
Delivery Period Price Tranches
Procured
June 2017–May 2018 $51.90 9
June 2017–May 2019 $54.56 3
Each tranche is 4.17% of class load
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