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PUC Discloses Price From Default Service Auction

February 27, 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 approved the results of a February 25 auction for a portion of Duke Energy Ohio's electricity standard service offer load for the period starting June 1, 2020

The auction procured 17 tranches of 24-month contracts with a delivery period of June 1, 2020 to May 31, 2022, at a tranche-weighted average price of winning bids of $41.14 per MWh

There were 4 winning bidders

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