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PUC Discloses Winning Price From Default Service Auction

September 11, 2019

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Copyright 2010-19 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 approved the results of a September auction for a portion of electric standard service offer supplies at Duke Energy Ohio, for the term June 1, 2020 to May 31, 2022

The auction resulted in a tranche-weighted average price of winning bids of $44.21 per MWh

Seventeen tranches were procured in the auction

There were 3 winning bidders. Eleven bidders were registered in the auction

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