Ohio Discloses Winning Default Service Suppliers

The Public Utilities Commission of Ohio (PUCO) has disclosed winning suppliers from AEP Ohio’s wholesale March 2017 auction that will determine its standard service offer through May 2018.

As previously reported, the March 28 auction resulted in an average clearing price of $51.16 per megawatt-hour (MWh) for the delivery period of June 1, 2017 to May 31, 2018. The results will be blended with previous auctions to establish a price-to-compare for AEP Ohio’s customers during the delivery period June 1, 2017 to May 31, 2018.

Winning bidders were:

Bidder                        Tranches Won
AEP Energy Partners, Inc.              3
American Electric Power Service
    Corporation                        1
BP Energy Company                      4
Exelon Generation Company, LLC         9