Announcements
ARCHIVED AND NO LONGER RELEVANTOctober 21, 2009: PECO Procurement: Fall 2009 Solicitation Results
In the PECO Energy Default Service Plan settlement filing, which was approved by the Pennsylvania Public Utility Commission on April 16, 2009, parties agreed to the public release of certain information regarding the results of each solicitation 30 days after the solicitation (or 21 days before the supply period starts, whichever comes earlier). The Fall 2009 solicitation was held on September 21, 2009 for supply starting on January 1, 2011. The following information about the Fall 2009 solicitation, and the aggregate baseload Block Energy results from the Fall and Spring 2009 solicitations is provided in accordance with the PUC Order:
Fall 2009 Solicitation Results
Full Requirements Products:
Residential Class
Average winning bid price ($/MWh): $79.96
Number of suppliers qualified to submit bids: 13
Number of suppliers that won: 4
Tranches procured for the Fixed-Price 17-month product: 8 tranches
Tranches procured for the Fixed-Price 29-month product: 3 tranches
Spring 2009 and Fall 2009 Solicitation Results (aggregate results)
Baseload Block Energy Products:
Residential Class
Average winning bid price ($/MWh): $61.74
Number of suppliers qualified to submit bids: 12
Number of suppliers that won: 3
Number of 10 MW baseload blocks procured for the calendar year 2011 product: 8 blocks (80 MW total)
Fall 2009 Solicitation Results
Full Requirements Products:
Small Commercial and Medium Commercial Classes (aggregate results)
Average winning bid price ($/MWh): $85.85
Number of suppliers qualified to submit bids: 13
Number of suppliers that won: 4
Tranches procured for the Fixed-Price 17-month product (Small Commercial): 6 tranches
Tranches procured for the Fixed-Price 17-month product (Medium Commercial): 3 tranches
Exhibit G of the settlement states that the average bid price and rate impact for a class are released as long as supply for at least 10 tranches has been procured for that class. Because the Fall 2009 solicitation sought Full Requirements supply for 6 tranches of Small Commercial and 3 tranches of Medium Commercial, results by class, for these products are not being released at this time. If the Spring 2010 solicitation results in supply for at least 4 tranches being procured for the Small Commercial class, and/or at least 7 tranches being procured for the Medium Commercial class, aggregate results, by class, from the Fall 2009 solicitation and the Spring 2010 solicitation will be released subsequent to the Spring 2010 solicitation in accordance with the settlement.
Rate Impacts are discussed in this document.