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Winning Auction Prices Increase In PECO's March 2026 Default Service Procurement

March 27, 2026

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Copyright 2026 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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PECO has posted results from its March 2026 procurement for a portion of electric default service supplies for various periods through 2028.

PECO's procurement resulted in weighted average winning bid prices ($/MWh) as follows. All products listed below were fixed-price full requirements

Residential

Delivery                          Tranches
Period                 Price      Procured
June 2026–May 2027     $99.86        12
June 2026–May 2028     $99.32         9

  Each tranche is 1.6% of class load




Small Commercial
Delivery                          Tranches
Period                 Price      Procured
June 2026–May 2027     $94.34         6
June 2026–May 2028     $93.70         3

  Each tranche is 4.17% of class load


Price is the weighted average winning 
bid price in $/MWh

Although the delivery periods were not the same as procured in the March 2026 RFP, PECO's September 2025 SOS procurement resulted in lower residential prices of $88 to $91 per MWh depending on term length, and lower small commercial prices of $83 to $86 per MWh depending on term length. The March 2026 prices are also higher than the 12-month tranche prices from the March 2025 auction whose terms are ending (which had been $97 for residential and $91 for small commercial)

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