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PUC Approves Utility's Petition To Procure Overhanging Default Service Contracts, Beyond Existing Plan's Term
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The PUC of Ohio granted, without modification, a petition (styled as a request for clarification) from Dayton Power and Light (AES Ohio) for approval for AES Ohio to procure default service supply contracts beyond the August 30, 2026 end date of AES Ohio's current electric security plan
As previously reported, Dayton Power and Light had said that, absent such clarification allowing overhanging SSO contracts, its upcoming April 2025 procurement would be limited to 12-month contracts for the June 2025 to May 2026 delivery year
Dayton Power and Light further noted that, absent overhanging contracts, it has not been established how the utility would serve SSO load for the period between June 1, 2026 and the ESP end date of August 30, 2026, given that this abbreviated period is not a full delivery year
In granting approval, PUCO said, "the Commission finds that AES Ohio has presented a reasonable auction schedule that utilizes laddering to reduce the price effects of any one auction by combining auction results for any given delivery period."
AES Ohio specifically received authority to procure overhanging contracts as follows:
• 25% 12-month and 25% 24-month contracts in the April 2025 auction, all with a delivery start of June 1, 2025 (50% of the portfolio is already filled for the June 1, 2025 to May 31, 2026 period)
• 19% 12-month and 18% 24-month contracts in the October 2025 auction, with a delivery start of June 1, 2026
• 19% 12-month and 19% 24-month contracts in the April 2026 auction, with a delivery start of June 1, 2026
Under this adopted schedule, 38% of SSO supplies for the period June 1, 2026 to May 31, 2027 will be served under 12-month contracts (split across two procurements), and 62% will be served under 24-month contracts (split across 3 procurements)
See a chart of AES Ohio's modified products and procurement schedule here
Case 23-0923-EL-UNC
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March 19, 2025
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Copyright 2025 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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