HomeFebruary 27, 2019
Updated: PUC Approves Price From Default Service Auction
PUC Reports Price From Default Service Auction
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Updated, 2/28. PUCO approved the results of the auction which were described below:
Earlier:
The Public Utilities Commission of Ohio has posted results from a February 26, 2019 auction to procure a portion of electricity default service supplies at Duke Energy Ohio for the period June 1, 2019 - May 31, 2022
The February 26 auction resulted in a tranche-weighted average price of winning bids of $48.12 per MWh, for the delivery period June 1, 2019 - May 31, 2022
The auction procured 16 tranches of supply
There were 2 winning bidders in the auction
PUCO is to consider results of the auction at today's meeting
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