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HomeFebruary 20, 2014

Ohio Discloses Winning Default Service Suppliers

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Copyright 2014 EnergyChoiceMatters.com.

The Public Utilities Commission of Ohio (PUCO) has disclosed the winning bidders in the FirstEnergy utilities' January default service auction.

As previously reported, for the 16 one-year tranches, the auction resulted in an average clearing price of $55.83 per megawatt-hour for the delivery period June 1, 2014 through May 31, 2015. For the 17 two-year tranches, the auction resulted in an average clearing price of $68.31 per megawatt-hour for the delivery period June 1, 2014 through May 31, 2016.

Winning bidders were:

June 1, 2014 to May 31, 2015 Period    Tranches Won
ConocoPhillips Company                      2
Duke Energy  
   Commercial Asset Management              1
Exelon Generation Company                   3
FirstEnergy Solutions Corp.                 5
The Dayton Power and Light Company          5


June 1, 2014 to May 31, 2016 Period    Tranches Won
ConocoPhillips Company                      --
Duke Energy  
   Commercial Asset Management              3
Exelon Generation Company                   9
FirstEnergy Solutions Corp.                 2
The Dayton Power and Light Company          3

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Ohio Discloses Winning Default Service Suppliers, February 20, 2014 | EnergyChoiceMatters.com