Ohio Discloses Winning Bidders in AEP Ohio Default Service Auction

The Public Utilities Commission of Ohio has disclosed the winning bidders of a May auction for 25% of AEP Ohio's standard service offer (SSO) energy requirements for the delivery period November 2014 through May 2015.

As previously reported, the auction resulted in an average clearing price of $50.00 per megawatt-hour for 25% of AEP-Ohio's standard service offer (SSO) energy requirements for the delivery period November 2014 through May 2015. The auction product was for energy only, and did not include capacity.

Winning bidders were:

Supplier                     Tranches Won
AEP Energy Partners, Inc.             12
BP Energy Company                      5
ConocoPhillips Company                 1
Exelon Generation Company, LLC         4
NextEra Energy Power Marketing, LLC    1
The Dayton Power and Light Company     2