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PUC Discloses Winning Default Service Suppliers

February 19, 2020

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Copyright 2010-20 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 has disclosed the winning suppliers 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

As previously reported, the auction procured 16 tranches of supply for the period June 1, 2020 to May 31, 2021 at a clearing price of $38.65 per MWh. There were 6 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 $42.95 per MWh. There were 5 winning bidders for this delivery term

Winning suppliers and tranches won are below:

Term: June 1, 2020 to May 31, 2021, Tranches Won

American Electric Power Service Corporation: 2

ConocoPhillips Company: 2

Enel Trading North America, LLC: 2

Exelon Generation Company, LLC: 4

NextEra Energy Marketing, LLC: 4

TransAlta Energy Marketing (U.S.) Inc.: 2

Term: June 1, 2020 to May 31, 2022, Tranches Won

American Electric Power Service Corporation: 1

Enel Trading North America, LLC: 3

Exelon Generation Company, LLC: 4

NextEra Energy Marketing, LLC: 8

TransAlta Energy Marketing (U.S.) Inc.: 1

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