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HomeDecember 5, 2013

Ohio Names Winning Bidders from Duke Energy Ohio Default Service Auction

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Copyright 2013 EnergyChoiceMatters.com.

The Public Utilities Commission of Ohio released the names of the winning bidders from Duke Energy Ohio's recent auction to procure electric default service supplies for a term starting June 1, 2014.

Specifically, winning bidders in the November auction were as follows:

Delivery Period June 1, 2014 to May 31, 2015
                                    Tranches Won
AEP Energy Partners, Inc.                 4
Buckeye Power                             2
DTE Energy Trading, Inc.                  1
Duke Energy Commercial Asset 
     Management, Inc.                     3
FirstEnergy Solutions Corp.               6

As previously reported, the auction resulted in an average clearing price of $50.11/MWh, for tranches with a delivery period of June 1, 2014 to May 31, 2015

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Ohio Names Winning Bidders from Duke Energy Ohio Default Service Auction | EnergyChoiceMatters.com