HomeFebruary 7, 2019
Retail Suppliers Selected To Serve Non-Shopping Customers Disclosed
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The Public Utilities Commission of Ohio has disclosed the winning bidders from the January 15 Standard Choice Offer auction at Vectren Energy Delivery of Ohio
Winning bidders were:
• DTE Gas Supply
• Direct Energy
• Constellation
Each bidder won three tranches.
Under the SCO auction, winning suppliers will directly serve non-shopping, choice-eligible customers won through the auction for the period April 1, 2019 through March 31, 2020 at a price equal to the Retail Price Adjustment (RPA), fixed for the 12-month term, plus the NYMEX prompt month settlement price for gas. Winning bidders also provide a proportional share of the volumes required to serve choice-ineligible customers under Default Sales Service.
As first reported by EnergyChoiceMatters.com, the auction resulted in an RPS of $0.85 per Mcf for the period April 1, 2019 through March 31, 2020 ($0.085 per ccf) at Vectren
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