Winners of October FirstEnergy Ohio Default Service Auction Published

Consistent with prior direction from PUCO, CRA International submitted an unredacted list of winning bidders in the FirstEnergy Ohio utilities' default service auction held in October.

The auction was part of a series of procurements to establish default service rates for the period June 1, 2012 through May 31, 2013.

As previously reported, the tranche-weighted average price of winning bids was $52.83 per MWh.

In the recent auction, 17 tranches were won by five suppliers as follows (winning bidder is listed, followed by tranches won and tranche-weighted average price to be paid to that supplier).

American Electric Power: 5 tranches @ $52.80/MWh

Constellation Energy Commodities Group, Inc.: 3 tranches @ $52.78/MWh

DTE Energy Trading, Inc.: 4 tranches @ $52.78/MWh

Duke Energy Commercial Asset Management, Inc.: 4 tranches @ $52.98/MWh

FirstEnergy Solutions Corp.: 1 tranche @ $52.78/MWh