Energy Choice
                            

Matters

Archive

Daily Email

Events

 

 

 

About/Contact

Search

PUC Reports Pricing From Default Service Auction

March 9, 2018

Email This Story
Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com

The Public Utilities Commission of Ohio (PUCO) accepted the results of AEP Ohio’s March wholesale auction that will determine its default service generation rates beginning June 1, 2018.

The auction, held on March 6, 2018 secured one-, two- and three-year products to supply electricity to AEP Ohio’s SSO customers. The results will be blended with other auctions to establish a price-to-compare for AEP Ohio’s SSO customers during the delivery periods.

The one-year product auction resulted in four winning bidders and an average clearing price of $52.01 per megawatt-hour (MWh) for the delivery period of June 2018 to May 2019.

The two-year product auction resulted in six winning bidders and an average clearing price of $48.29 per MWh for the delivery period of June 2018 to May 2020.

The three-year product auction resulted in six winning bidders and an average clearing price of $46.53 per MWh for the delivery period of June 2018 to May 2021.

The names of the winning bidders will remain confidential for 21 days.

ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com:
NEW! -- Sales and Channel Partner Manager -- Retail Supplier
NEW! -- Sr. Energy Analyst -- Broker -- DFW
NEW! -- Commercial Energy Advisor
NEW! -- Energy Broker
NEW! -- Business Development Manager - Texas, Retail Provider
NEW! -- Account Manager, Retail Energy -- DFW
NEW! -- Operations Manager -- Retail Supplier
NEW! -- Business Development Manager - Northeastern US, Retail Supplier
NEW! -- Senior or Principal Quantitative Research Analyst, Energy Commodity/Risk
NEW! -- Operations Manager -- Retail Supplier
NEW! -- Business Development Manager -- Retail Supplier -- Philadelphia

Email This Story

HOME

Copyright 2010-16 Energy Choice Matters.  If you wish to share this story, please email or post the website link; unauthorized copying, retransmission, or republication prohibited.

 

Archive

Daily Email

Events

 

 

 

About/Contact

Search