Ohio Discloses Winning Bidders for Duke Energy Default Service

The Public Utilities Commission of Ohio has disclosed winning bidders from the recent auction for Standard Service Offer supplies at Duke Energy Ohio.

As previously reported, the auction procured a portion of default service supplies for the period June 1, 2013 to May 31, 2015 and resulted in a tranche-weighted average price of winning bids of $50.56 per MWh.

Winning bidders were as follows:

Bidder                        Tranches    Tranche-Weighted
                                 Won      Average Price to
                                          be Paid ($/MWh)
Buckeye Power, Inc.               1           $50.56
DTE Energy Trading, Inc.          4           $50.56
Exelon Generation Company, LLC    1           $50.60
FirstEnergy Solutions Corp.      10           $50.56