Illinois Posts Prices for Winning Default Service Bids

The Illinois Procurement Agency has posted winning average prices for the spring 2014 procurement of block default service energy at Commonwealth Edison and Ameren for various periods from June 2014 to May 2016.

Most notably, at ComEd, average on-peak and off-peak winning prices and quantities procured for summer 2014 blocks were as follows. These supplies will be blended with the existing portfolio for the final default service rates.

ComEd Average Prices of Contracts
Month          On Peak           Off Peak  
             $/MWh    MW      $/MWh    MW
June 2014    44.75   1225     26.58    950
July 2014    56.86   1425     28.96   1100
Aug  2014    52.17   1400     26.91   1050
Sept 2014    39.84   1100     25.00    725

Average prices for additional periods at ComEd, and prices for Ameren, can be found in the IPA Disclosure (click here).

Winning suppliers from the spring 2014 procurement at ComEd were:

BP Energy Company
Exelon Generation Company, LLC
Macquarie Energy LLC
Morgan Stanley Capital Group Inc.
NRG Power Marketing LLC
Shell Energy North America (US), L.P.

Winning suppliers from the spring 2014 procurement at Ameren were:

BP Energy Company
Exelon Generation Company, LLC
Macquarie Energy LLC
NextEra Energy Power Marketing, LLC
Union Electric Company d/b/a Ameren Missouri