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Default Service & Pricing

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PUC Approves Price From Default Service Auction

A September auction for 17 tranches of Standard Service Offer (SSO) electricity supplies for the term June 1, 2021 to May 31, 2022 at Duke Energy Ohio resulted in a tranche-weighted average price of winning bids of $45.85 per MWh

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Regulator Seeks Briefs On Authority To Use Long-Term Contracts, Currently Treated On Nonbypassable Basis, To Meet Default Service Load

Part Of Inquiry Into Spike In Non-supply Costs On Customer Bills

In seeking briefs concerning recent rate increases in nonbypassable transmission and other non-supply charges, the Connecticut PURA has raised the issue of applying electricity supplies currently purchased under long-term contracts, and sold into the wholesale market with no impact on the price to…

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Settlement In PECO Default Service Case Includes Changes To Standard Offer Customer Referral Program

POR Discount To Be Affected CAP Shopping Left To Future Proceeding Billing Improvements For EGSs Includes New Time of Use Option for Default Service Customers

Various parties, including PECO, the Office of Consumer Advocate, the Office of Small Business Advocate, CAUSE-PA, several retail suppliers, and industrial customers have filed a settlement in PECO's default service proceeding that would establish parameters for default service for the period June 1…

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Nstar Files New Basic Service Rates, Supplier Disclosed

NSTAR Electric Company d/b/a Eversource Energy filed new basic service rates for the Medium & Large Commercial and Industrial customer class in the WCMA Load Zone, the former Western Massachusetts Electric Company (WMECO) service area, for the three-month period beginning October 1, 2020

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