Ohio Names Winning Bidders from FirstEnergy Ohio Default Service Auction

The Public Utilities Commission of Ohio released the names of the winning bidders from the FirstEnergy Ohio utilities' recent auction to procure default service supplies for various terms starting June 1, 2014.

Specifically, winning bidders for various delivery periods in the October auction were as follows:

Delivery Period June 1, 2014 to May 31, 2015
                                    Tranches Won
AEP Energy Partners, Inc.                 1
DTE Energy Trading, Inc.                  2
Duke Energy Commercial Asset 
     Management, Inc.                    10
Exelon Generation Company, LLC            0
FirstEnergy Solutions Corp.               3


Delivery Period June 1, 2014 to May 31, 2016
                                    Tranches Won
AEP Energy Partners, Inc.                 1
DTE Energy Trading, Inc.                  6
Duke Energy Commercial Asset 
     Management, Inc.                     9
Exelon Generation Company, LLC            1
FirstEnergy Solutions Corp.               0

As previously reported, for tranches with a delivery period of June 1, 2014 to May 31, 2015, the auction resulted in an average clearing price of $50.91/MWh, with four winning bidders.

For tranches with a delivery period of June 1, 2014 to May 31, 2016, the auction resulted in an average clearing price of $59.99/MWh, with four winning bidders.