PECO Posts Winning Prices From March 2022 Default Service Auction

March 30, 2022

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Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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PECO has posted results from its March 2022 procurement of a portion of electric default service supplies for various periods through 2024.

PECO's procurement resulted in weighted average winning bid prices ($/MWh) as follows. All products listed below were fixed-price full requirements

Residential
Delivery Period          Price      Tranches Procured
June 2022–May 2023      $74.25              12
June 2022–May 2024      $69.01               9

Each tranche is 1.6% of class load




Small Commercial
Delivery Period          Price      Tranches Procured
June 2022–May 2023      $71.34               6
June 2022–May 2024      $66.13               3

Each tranche is 4.17% of class load

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