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Docket DC FC1017

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PSC Orders That Capacity Price Be Removed From SOS Bidding Due To Delay Of PJM Auction, Directs That Wholesale Suppliers Later Be Reimbursed With Final Capacity Price

Change Decreases Normal Risk Undertaken By SOS Wholesale Suppliers, Has Potential To Skew Price To Compare

The District of Columbia PSC has ordered that bidders in an upcoming Pepco SOS procurement for the June 2022 to May 2023 delivery year shall include a $0/MW-day cost for capacity in their bids, with winning bidders instead reimbursed the actual final price of capacity once determined.

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Utility Presents Potential Changes For Upcoming Procurement Of 2022-2023 SOS Due To Delay In PJM Capacity Auction

Several Wholesale Suppliers Supporting Having SOS Bids Set At $0/MW-day For Capacity, With Future Reimbursement By Pepco Once PJM Capacity Price Set

Pepco has filed with the District of Columbia PSC a report concerning a work group meeting that was convened to discuss how to address an upcoming SOS procurement that is scheduled to include, for residential and small commercial customers (RSC), a three-year contract, for approximately one-third of…

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PSC Denies Proposed Retail Auctions for Default Service With Scathing Rebuke

PSC: Georgia Gas Model a "Widely Viewed" As A "Failure" PSC: Texas "Anything But" A Success PSC: No State Has Ever Adopted Successful Retail Auction for SOS As Sought By Retail Suppliers

In an order on its review of electricity SOS ( see related story today here on other parts of the order ), the District of Columbia PSC flatly rejected various proposals offered by retail suppliers for a retail model default service.

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PSC Issues Major Order On Structure, Design, and Procurement of Default Service --And It's Bad News For Retail Suppliers

Current Bypassable Adder Removed From SOS PSC Won't "Coerce" Customers Off SOS Essentially All Of Retail Suppliers' Sought Changes Rejected

The District of Columbia PSC has issued an order in its investigation into the current structure of electricity SOS, and essentially rejected all proposed changes from retail suppliers, while removing the current bypassable adder to SOS rates.

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