HomeOctober 11, 2019
PECO Posts Prices From Default Service Auction
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PECO has posted results from its September 2019 procurement of a portion of electric default service supplies for various periods through 2021.
For residential electric default service, PECO's procurement resulted in weighted average winning bid prices ($/MWh) as follows:
Residential
Delivery Period Price Tranches
Procured
Dec 2019-Nov 2020 $49.81 12
Dec 2019-Nov 2021 $50.78 9
Each tranche is 1.6% of class load
For small commercial electric default service, PECO's procurement resulted in weighted average winning bid prices ($/MWh) as follows:
Small Commercial
Delivery Period Price Tranches
Procured
Dec 2019-Nov 2020 $46.95 6
Dec 2019-Nov 2021 $47.68 3
Each tranche is 4.17% of class load
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