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Retail Supplier To Serve Default Service Load At Utility For First Time
Public Power LLC, a retail supplier, was among the winning suppliers in the April 11 wholesale auction to procure a portion of Standard Service Offer supplies at Dayton Power & Light for the period beginning June 1, 2017
As non-winning bidders are not disclosed, Public Power LLC's past participation (if any) in default service auctions is unclear, this is the first time Public Power LLC has been awarded a portion of SSO load at Dayton Power & Light
As previously reported, the April 11 auction, which procured 12, 24, and 36-month contracts, resulted in the following prices (which will be blended from prices from a later April 24 auction):
• The one-year product resulted in an average clearing price of $51.45 per megawatt-hour (MWh) for the delivery period of June 1, 2017 to May 31, 2018, with 16 tranches procured
• The two-year product resulted in an average clearing price of $50.91 per MWh for the delivery period of June 1, 2017 to May 31, 2019, with 17 tranches procured
• The three-year product resulted in an average clearing price of $48.65 per MWh for the delivery period of June 1, 2017 to May 31, 2020, with 17 tranches procured
Winning bidders from the DP&L April 11 auction were as follows (total tranches won and tranches by year shown):
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Winning Bidders For Default Service Disclosed
May 4, 2017
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Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
Total -- All Delivery Periods
Winning Bidder Tranches Won
AEP Energy Partners, Inc. 6
American Electric Power
Service Corporation 2
Exelon Generation Company, LLC 13
FirstEnergy Solutions Corp. 5
NextEra Energy Marketing, LLC 21
Public Power LLC 3
June 1, 2017 to May 31, 2018
Winning Bidder Tranches Won
AEP Energy Partners, Inc. 3
American Electric Power
Service Corporation 2
Exelon Generation Company, LLC 2
FirstEnergy Solutions Corp. 1
NextEra Energy Marketing, LLC 5
Public Power LLC 3
June 1, 2017 to May 31, 2019
Winning Bidder Tranches Won
AEP Energy Partners, Inc. 2
Exelon Generation Company, LLC 4
FirstEnergy Solutions Corp. 1
NextEra Energy Marketing, LLC 10
June 1, 2017 to May 31, 2020
Winning Bidder Tranches Won
AEP Energy Partners, Inc. 1
Exelon Generation Company, LLC 7
FirstEnergy Solutions Corp. 3
NextEra Energy Marketing, LLC 6
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