HomeAugust 25, 2021
Winning Price From Default Service Auction Disclosed
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The Public Utilities Commission of Ohio has disclosed the tranche-weighted average price of winning bids for an August auction held for a portion of electricity standard service offer (SSO) supplies at the FirstEnergy Ohio utilities for the period ending May 31, 2023
The auction procured 33 tranches for the period June 1, 2022 – May 31, 2023 at a tranche-weighted average price of winning bids of $42.10 per MWh
There were 5 winning bidders
PUCO is to consider results of the auction at its meeting today
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