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PUC Discloses Winning Prices From Default Service Auction
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The Public Utilities Commission of Ohio has disclosed the winning prices from a procurement of default service electricity supplies at the FirstEnergy Ohio utilities, for a portion of requirements for various delivery terms starting June 1, 2020
The auction procured 16 tranches of supply for the period June 1, 2020 to May 31, 2021 at a clearing price of $41.66 per MWh. There were 5 winning bidders for this delivery term
The auction procured 17 tranches of supply for the period June 1, 2020 to May 31, 2022 at a clearing price of $45.39 per MWh. There were 4 winning bidders for this delivery term
There were 11 bidders registered for the auction
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October 9, 2019
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Copyright 2010-19 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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