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Updated: Ohio Approves Results From Default Service Auction
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Update, 11/7:
PUCO approved the results of the AEP Ohio November 2018 SSO auction that were described below
The results will be blended with previous and future auctions to help determine the price-to-compare for AEP Ohio's customers during the delivery period June 2019 through May 2020.
The names of the winning bidders will remain confidential for 21 days.
Earlier:
The Public Utilities Commission of Ohio has disclosed results from the November 2018 auction for a portion of Standard Service Offer supplies at AEP Ohio.
The November 2018 auction procured 17 tranches of supplies for the delivery period June 1, 2019 to May 31, 2020 with a clearing price of $46.16/MWh.
PUCO will consider results of the auction at its meeting today.
The auction had 12 registered bidders and 4 winning bidders
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November 7, 2018
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Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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