New Supplier Among Winning Bidders In AEP Ohio Default Service Auction

The Public Utilities Commission of Ohio (PUCO) has disclosed the winning suppliers from AEP Ohio’s March 2018 wholesale auction that will, when blended with other auction results, determine the utility's default generation rates beginning June 1, 2018.

See our prior story for pricing from the auction

Notable among the winning bidders is Northern States Power Company (Xcel Energy), which has not been among the winning bidders in recent Ohio default service auctions

Winning bidders by term were:

June 1, 2018 to May 31, 2019
Bidder                        Tranches Won
American Electric Power
    Service Corporation                1
BP Energy Company                     10
Exelon Generation Company              4
Northern States Power Company          2


June 1, 2018 to May 31, 2020
Bidder                        Tranches Won
American Electric Power
    Service Corporation                2
BP Energy Company                      6
DTE Energy Trading, Inc.               1
Exelon Generation Company              4
FirstEnergy Solutions Corp.            2
Northern States Power Company          2



June 1, 2018 to May 31, 2021
Bidder                        Tranches Won
AEP Energy Partners, Inc.              2
BP Energy Company                      2
Exelon Generation Company              4
FirstEnergy Solutions Corp.            3
Hartree Partners, LP                   3
Northern States Power Company          2