Ohio Discloses Winning Suppliers From January Default Service Auction at FirstEnergy Utilities

The Public Utilities Commission of Ohio has disclosed the winning bidders from the January 2015 default service auction for suppliers at the FirstEnergy utilities.

As previously reported, the auction resulted in an average clearing price of $69.18 per megawatt-hour. These results will be blended with previous auctions to establish retail generation rates for the delivery period June 1, 2015 through May 31, 2016.

Winning bidders were:

                                          Tranche-
                                          Weighted
                                          Avg Price 
                                            to be
                          Tranches Won   Paid ($/MWh)
AEP Energy Partners, Inc.            2     $69.17
ConocoPhillips Company               3     $69.17
DTE Energy Trading, Inc              4     $69.17
Exelon Generation Company, LLC       5     $69.17
FirstEnergy Solutions Corp.          1     $69.17
NextEra Energy Power Marketing, LLC  1     $69.38