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News
| PUCO Accepts Results of October 2024 FEOU CBP Auction - Wednesday, October 2, 2024The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held October 1, 2024 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine its standard service offer through May 2026.The PUCO's Finding and Order can be viewed here. |
| Announcement Regarding Tranche Size for October 2024 CBP Auction - Thursday, September 12, 2024 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for October 2024 from the announcement made on August 21, 2024. Thus, based on historical data, the energy obligation is approximately 104 MW per tranche, and the capacity obligation is approximately 100 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for October 2024 CBP Auction - Monday, September 9, 2024The minimum and maximum starting prices for the product in the CBP auction scheduled for October 1, 2024 are as follows: - June 2025 through May 2026 (12 months): $115.00/MWh and $145.00/MWh.
The product’s starting price is expected to fall within this range and will be disclosed to bidders prior to the auction. The starting price is expected to fall within the range of $115.00/MWh and $145.00/MWh. |
| Announcement Regarding Auction Schedule Change - Thursday, August 29, 2024FirstEnergy Ohio Utilities has received approval from the Public Utilities Commission of Ohio (“PUCO”) to update its auction schedule in accordance with the newly approved shorter five-year ESP-V term. The new auction date is October 1, 2024. The calendar events can be found here. A PDF of the Commission’s August 21, 2024 Finding and Order is available here. |
| Announcement of Tranche Target and Tranche Size for October 2024 CBP Auction - Thursday, August 22, 2024For the October 2024 CBP Auction, the tranche target is as follows:
- Delivery period June 2025 through May 2026 (12 months): 25 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 104 MW per tranche, and the capacity obligation is approximately 100 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Ohio Commission Approves New Electric Security Plan (ESP-V) - Wednesday, May 15, 2024The Public Utilities Commission of Ohio (PUCO) today approved a new Electric Security Plan (ESP-V) for Ohio Edison, The Cleveland Electric Illuminating Company, and Toledo Edison, utility companies of Akron, Ohio-based FirstEnergy Corp. The Commission’s Opinion and Order can be viewed here. |
| PUCO Accepts Results of March 2024 FEOU CBP Auction - Wednesday, March 20, 2024The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held March19, 2024 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine its standard service offer through May 2026.The PUCO's Finding and Order can be viewed here. |
| Announcement of Updated Capacity Proxy Price for the March 2024 ESP-IV Competitive Bidding Process - Tuesday, March 12, 2024FirstEnergy Ohio Utilities ESP-IV includes an option to use a Capacity Proxy Price (CPP) for delivery years when the PJM capacity price is not available at the time of an ESP-IV auction for those delivery years. PJM has not yet conducted and posted its base residual auction (“BRA”) results to establish an actual initial capacity price for Energy Year 2025/2026. However, the PJM has conducted and posted its 2024/2025 3rd Incremental Auction results at the end of the business day on March 11, 2024. The Companies will use an updated CPP for the products to be procured in the March 2024 ESP-IV auction. The CPP for 2025/2026 Energy Delivery Year is $31.79/MW-day, please see the table below.
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2023/2024 Delivery Year. 3rd Incremental Auction. Adjusted Zonal Net Load Price ($/MW-day)
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2024/2025 Delivery Year. 3rd Incremental Auction. Adjusted Zonal Net Load Price ($/MW-day)
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2025/2026 Capacity Proxy Price ($/MW-day)
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$34.18
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$29.40
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$31.79
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Refer to Appendix J in the Company’s SMA using links on the Documents page here.
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| Announcement Regarding Tranche Size for March 2024 CBP Auction - Friday, March 1, 2024 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for March 2024 from the announcement made on February 8, 2024. Thus, based on historical data, the energy obligation is approximately 103 MW per tranche, and the capacity obligation is approximately 100 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for March 2024 CBP Auction - Friday, February 23, 2024The minimum and maximum starting prices for the product in the CBP auction scheduled for March 19, 2024 are as follows: - June 2024 through May 2026 (24 months): $80.00/MWh and $120.00/MWh.
The product’s starting prices are expected to fall within this range and will be disclosed to bidders prior to the auction. The starting price is expected to fall within the range of $80.00/MWh and $120.00/MWh. |
| PUCO Accepts Results of February 2024 FEOU CBP Auction - Wednesday, February 21, 2024The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held February 19, 2024 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine its standard service offer through May 2025.The PUCO's Finding and Order can be viewed here. |
| Announcement Regarding Tranche Size for February 2024 CBP Auction - Friday, February 2, 2024 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for February 2024 from the announcement made on January 16, 2024. Thus, based on historical data, the energy obligation is approximately 103 MW per tranche, and the capacity obligation is approximately 100 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for February 2024 CBP Auction - Tuesday, January 30, 2024The minimum and maximum starting prices for the product in the CBP auction scheduled for February 19, 2024 are as follows: - June 2024 through May 2025 (12 months): $80.00/MWh and $120.00/MWh.
The product’s starting prices are expected to fall within this range and will be disclosed to bidders prior to the auction. The starting price is expected to fall within the range of $80.00/MWh and $120.00/MWh. |
| Announcement of Tranche Target and Tranche Size for February 2024 CBP Auction - Tuesday, January 16, 2024For the February 2024 CBP Auction, the tranche target is as follows: - Delivery period June 2024 through May 2025 (12 months): 50 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 103 MW per tranche, and the capacity obligation is approximately 100 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Companies filed a motion for interim relief and request for expedited treatment in their fifth Electric Security Plan (“ESP V”) case - Wednesday, January 3, 2024On December 13, 2023 the Companies filed a motion for interim relief and request for expedited treatment in their fifth Electric Security Plan (“ESP V”) case. In the motion, the Companies are seeking PUCO authorization to conduct two full requirements SSO auctions consistent with the competitive bidding process approved in the Companies’ current electric security plan (“ESP IV”) to fulfill SSO commitments that begin on June 1, 2024. For more information please see the docket here. |
| PUCO Accepts Results of March 2023 FEOU CBP Auction - Tuesday, March 21, 2023The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held March 20, 2023 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine its standard service offer through May 2024.The PUCO's Finding and Order can be viewed here. |
| Announcement Regarding Tranche Size for March 2023 CBP Auction - Thursday, March 2, 2023 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for March 2023 from the announcement made on February 2, 2023. Thus, based on historical data, the energy obligation is approximately 107 MW per tranche, and the capacity obligation is approximately 98 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for March 2023 CBP Auction - Wednesday, February 22, 2023The minimum and maximum starting prices for the product in the CBP auction scheduled for March 20, 2023 are as follows: - June 2023 through May 2024 (12 months): $90.00/MWh and $120.00/MWh.
The product’s starting prices are expected to fall within this range and will be disclosed to bidders prior to the auction. The starting price is expected to fall within the range of $90.00/MWh and $120.00/MWh. |
| Announcement of Tranche Target and Tranche Size for March 2023 CBP Auction - Thursday, February 2, 2023For the March 2023 CBP Auction, the tranche target is as follows: - Delivery period June 2023 through May 2024 (12 months): 34 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 107 MW per tranche, and the capacity obligation is approximately 98 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| FirstEnergy Ohio Utilities to Conduct Competitive Auction to Procure Electric Generation Supply - Wednesday, February 1, 2023FirstEnergy Corp. announced that a competitive bidding process will be conducted by its Ohio utilities – Ohio Edison, Cleveland Electric Illuminating and Toledo Edison – to procure full-requirements electric generation service for their Standard Service Offer customers for the delivery period June 2023 through May 2024. here. |
| PUCO Accepts Results of January 2023 FEOU CBP Auction - Wednesday, January 11, 2023The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held January 10, 2023 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine its standard service offer through May 2024. The Finding and Order can be viewed here. |
| Announcement Regarding Tranche Size for January 2023 CBP Auction - Thursday, December 22, 2022 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for January 2023 from the announcement made on November 23, 2022. Thus, based on historical data, the energy obligation is approximately 104 MW per tranche, and the capacity obligation is approximately 98 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for January 2023 CBP Auction - Wednesday, December 14, 2022The minimum and maximum starting prices for the product in the CBP auction scheduled for January 10, 2023 are as follows: - June 2023 through May 2024 (12 months): $100.00/MWh and $130.00/MWh.
The product’s starting prices are expected to fall within this range and will be disclosed to bidders prior to the auction. The starting price is expected to fall within the range of $100.00/MWh and $130.00/MWh. |
| Announcement of Tranche Target and Tranche Size for January 2023 CBP Auction - Wednesday, November 23, 2022For the January 2023 CBP Auction, the tranche target is as follows: - Delivery period June 2023 through May 2024 (12 months): 33 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 104 MW per tranche, and the capacity obligation is approximately 98 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| PUCO Accepts Results of October 2022 FEOU CBP Auction - Wednesday, October 5, 2022The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held October 4, 2022 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine its standard service offer through May 2024.The PUCO's Finding and Order can be viewed here. |
| Announcement Regarding Tranche Size for October 2022 CBP Auction - Wednesday, September 14, 2022 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for October 2022 from the announcement made on August 18, 2022. Thus, based on historical data, the energy obligation is approximately 104 MW per tranche, and the capacity obligation is approximately 98 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for October 2022 CBP Auction - Thursday, September 8, 2022The minimum and maximum starting prices for the product in the CBP auction scheduled for October 4, 2022 are as follows: - June 2023 through May 2024 (12 months): $100.00/MWh and $130.00/MWh.
The product’s starting prices are expected to fall within this range and will be disclosed to bidders prior to the auction. The starting price is expected to fall within the range of $100.00/MWh and $130.00/MWh. |
| SSO INFORMATION RELATING TO THE RECENT NOPEC ANNOUNCEMENT IN OHIO - Friday, September 2, 2022 On August 26, 2022, the FirstEnergy Ohio EDU’s (“FEOU”) advised their suppliers of the August 24, 2022, Northeast Ohio Public Energy Council (“NOPEC”) filing with The Public Utilities Commission of Ohio (“PUCO”) informing the PUCO of NOPEC’s intent to return its Standard Program Price (“SPP”) customers to the FEOU SSO as soon as possible. FEOU is committed to update their suppliers and prospective bidders as new information became available. This is to advise that Dynegy Marketing and Trade, LLC has filed a Complaint and Request for Emergency Relief against NOPEC with the PUCO. More information is available on the PUCO’s website.
As stated previously, FEOU is trying to get additional information on these SPP customers, and will share as much information with the suppliers and prospective bidders as timely as possible. |
| SSO INFORMATION RELATING TO THE RECENT NOPEC ANNOUNCEMENT IN OHIO - Friday, August 26, 2022 The FirstEnergy Ohio EDUs (“FEOU”) are committed to keeping their wholesale suppliers informed of developments that could impact FEOU’s standard service offer (“SSO”). On August 24, 2022, the Northeast Ohio Public Energy Council (“NOPEC”) filed a notice with The Public Utilities Commission of Ohio (“PUCO”), informing the PUCO of its intent to return its Standard Program Price (“SPP”) customers to the FEOU SSO as soon as possible, starting with meter reads in September. We understand from NOPEC that this customer migration back to SSO could include over 500,000 customers. NOPEC’s notice says that “NOPEC plans to resume its aggregation program when NOPEC’s costs are expected to align considerably more closely with then-effective SSO prices.” FEOU is trying to get additional information on these SPP customers, and we will share as much information with you as timely as possible. For more information, you can also review NOPEC’s notice at DIS - Case Record for 00-2317-EL-GAG (state.oh.us). |
| Announcement of Tranche Target and Tranche Size for October 2022 CBP Auction - Thursday, August 18, 2022For the October 2022 CBP Auction, the tranche target is as follows: - Delivery period June 2023 through May 2024 (12 months): 33 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 104 MW per tranche, and the capacity obligation is approximately 98 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| PUCO Accepts Results of March 2022 FEOU CBP Auction - Wednesday, March 9, 2022The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held March 7, 2022 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine its standard service offer through May 2023.The PUCO's Finding and Order can be viewed here. |
| Announcement Regarding Tranche Size for March 2022 CBP Auction - Wednesday, February 16, 2022 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for March 2022 from the announcement made on January 20, 2022. Thus, based on historical data, the energy obligation is approximately 101 MW per tranche, and the capacity obligation is approximately 101 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Modified Auction Product Approved for the March 2022 CBP Auction - Thursday, February 10, 2022The Public Utilities Commission of Ohio (“PUCO”) has approved the motion from FirstEnergy Ohio Utilities to modify the product in the March 2022 auction so the delivery period is 12 months. A PDF of the Commission’s February 9, 2022 Finding and Order is available here. |
| Minimum and Maximum Starting Prices for March 2022 CBP Auction - Wednesday, February 9, 2022The minimum and maximum starting prices for the product in the CBP auction scheduled for March 7, 2022 are as follows: - June 2022 through May 2023 (12 months): $75.00/MWh and $95.00/MWh
The product’s starting prices are expected to fall within this range and will be disclosed to bidders prior to the auction. The starting price is expected to fall within the range of $75.00/MWh and $95.00/MWh |
| Announcement of Tranche Target and Tranche Size for March 2022 CBP Auction - Thursday, January 20, 2022For the March 2022 CBP Auction, the tranche target is as follows: - Delivery period June 2022 through May 2023 (12 months)*: 34 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 101 MW per tranche, and the capacity obligation is approximately 101 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. *Subject to PUCO review and approval |
| Announcement Regarding Auction Schedule Change - Thursday, December 2, 2021FirstEnergy Ohio Utilities has received approval from the Public Utilities Commission of Ohio (“PUCO”) to move the January 2022 auction to March 2022 due to the delay of PJM’s next BRA for capacity delivery year 2023/2024. The new auction date is March 7, 2022. The calendar events can be found here. A PDF of the Commission’s December 1, 2021 Finding and Order is available here. |
| PUCO Accepts Results of October 2021 FEOU CBP Auction - Wednesday, October 6, 2021The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held October 4, 2021 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine its standard service offer through May 2023.The PUCO's Finding and Order can be viewed here. |
| Announcement Regarding Tranche Size for October 2021 CBP Auction - Monday, September 13, 2021 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for October 2021 from the announcement made on August 20, 2021. Thus, based on historical data, the energy obligation is approximately 102 MW per tranche, and the capacity obligation is approximately 101 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for October 2021 CBP Auction - Wednesday, September 8, 2021The minimum and maximum starting prices for the product in the CBP auction scheduled for October 4, 2021 are as follows: - June 2022 through May 2023 (12 months): $55.00/MWh and $75.00/MWh
The product’s starting prices are expected to fall within these range and will be disclosed to bidders prior to the auction. The starting price is expected to fall within the range of $55.00/MWh and $75.00/MWh. |
| PUCO Accepts Results of August 2021 FEOU CBP Auction - Wednesday, August 25, 2021The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held August 23, 2021 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine its standard service offer through May 2023.The PUCO's Finding and Order can be viewed here. |
| Announcement of Tranche Target and Tranche Size for October 2021 CBP Auction - Friday, August 20, 2021For the October 2021 CBP Auction, the tranche target is as follows: - Delivery period June 2022 through May 2023 (12 months): 33 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 102 MW per tranche, and the capacity obligation is approximately 101 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Announcement Regarding Tranche Size for August 2021 CBP Auction - Wednesday, August 4, 2021 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for August 2021 from the announcement made on July 8, 2021. Thus, based on historical data, the energy obligation is approximately 102 MW per tranche, and the capacity obligation is approximately 104 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for August 2021 CBP Auction - Wednesday, July 28, 2021The minimum and maximum starting prices for the product in the CBP auction scheduled for August 23, 2021 are as follows: - June 2022 through May 2023 (12 months): $55.00/MWh and $75.00/MWh
The product’s starting price is expected to fall within this range and will be disclosed to bidders prior to the auction. The starting price is expected to fall within the range of $55.00/MWh and $75.00/MWh. |
| Announcement of Tranche Target and Tranche Size for August 2021 CBP Auction - Thursday, July 8, 2021 For the August 2021 CBP Auction, the tranche target is as follows:
Delivery period June 2022 through May 2023 (12 months): 33 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 102 MW per tranche, and the capacity obligation is approximately 104 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. . |
| Announcement Regarding Additional Auction for August 2021 - Thursday, June 17, 2021FirstEnergy Ohio Utilities has received approval from the Public Utilities Commission of Ohio (“PUCO”) to adjust the auctions and products offered in the remainder of the ESP. There will be an additional auction in August 2021. The product that will be procured is as follows: Delivery period June 2022 through May 2023 (12 months) — 33 tranchesThe updated delivery schedule can be found here. A PDF of the Commission’s June 16, 2021 Finding and Order is available here. |
| PUCO Accepts Results of January 2021 FEOU CBP Auction - Wednesday, January 27, 2021The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held January 26, 2021 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine its standard service offer through May 2022.The Finding and Order can be viewed here. |
| Announcement Regarding Tranche Size for January 2021 CBP Auction - Friday, January 8, 2021 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for January 2021 from the announcement made on December 3, 2020. Thus, based on historical data, the energy obligation is approximately 102 MW per tranche, and the capacity obligation is approximately 104 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for January 2021 CBP Auction - Monday, January 4, 2021 The minimum and maximum starting prices for the product in the CBP auction scheduled for January 2021 are $60.00/MWh and $80.00/MWh, respectively. Prior to the auction, the actual starting price for the product will be disclosed to bidders. The starting price is expected to fall within the range of $60.00/MWh and $80.00/MWh. |
| Announcement of Tranche Target and Tranche Size for January 2021 CBP Auction - Thursday, December 3, 2020 For the January 2021 CBP Auction, the tranche target is as follows:
Delivery period June 2021 through May 2022 (12 months): 33 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 102 MW per tranche, and the capacity obligation is approximately 104 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| PUCO Accepts Results of October 2020 FEOU CBP Auction - Wednesday, October 7, 2020The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held October 5, 2020 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine its standard service offer through May 2022.The Finding and Order can be viewed here. |
| Announcement Regarding Tranche Size for October 2020 CBP Auction - Thursday, September 17, 2020 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for October 2020 from the announcement made on August 19, 2020. Thus, based on historical data, the energy obligation is approximately 105 MW per tranche, and the capacity obligation is approximately 104 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for October 2020 CBP Auction - Wednesday, September 9, 2020 The minimum and maximum starting prices for the products in the CBP auction scheduled for October 5, 2020 are as follows:
June 2021 through May 2022 (12 months): $60.00/MWh and $70.00/MWh
The products’ starting prices are expected to fall within these range and will be disclosed to bidders prior to the auction. |
| Modified Auction Product Approved for the October 2020 and January 2021 CBP Auctions - Thursday, August 27, 2020The Public Utilities Commission of Ohio (“PUCO”) has approved the motion from FirstEnergy Ohio Utilities to modify the products in the October 2020 and January 2021 auctions so the delivery period is 12 months. A PDF of the Commission’s August 26, 2020 Finding and Order is available here. |
| Announcement Regarding Modified Auction Product for the October 2020 and January 2021 CBP Auctions - Monday, August 24, 2020The Public Utilities Commission of Ohio (“PUCO”) has directed FirstEnergy Ohio Utilities to modify the product in the October 2020 and January 2021 auctions in response to the delay in PJM’s base residual auction for the 2022/2023 planning year. The modified product, which is subject to review and approval by the PUCO, that will be procured in the FirstEnergy Ohio Utilities’ auctions scheduled for October 2020 and January 20201 will be as follows: For October 2020 auction: Delivery period June 2021 through May 2022 (12 months) — 33 tranches For January 2021 auction: Delivery period June 2021 through May 2022 (12 months) — 33 tranchesThe delivery scheduled for the auctions, which is subject to review and approval by the PUCO, has been updated here. A PDF of the Commission’s July 15, 2020 Finding and Order is available here. |
| Announcement of Tranche Target and Tranche Size for October 2020 CBP Auction - Wednesday, August 19, 2020 For the October 2020 CBP Auction, the tranche target is as follows:
Delivery period June 2021 through May 2022 (12 months): 33 tranches*
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 105 MW per tranche, and the capacity obligation is approximately 104 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors.
* Subject to PUCO Review and approval |
| PUCO Accepts Results of January 2020 FEOU CBP Auction - Wednesday, January 29, 2020The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held January 28, 2020 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine its standard service offer through May 2022. The Finding and Order can be viewed here. |
| Announcement Regarding Tranche Size for January 2020 CBP Auction - Thursday, January 9, 2020 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for January 2020 from the announcement made on December 4, 2019. Thus, based on historical data, the energy obligation is approximately 105 MW per tranche, and the capacity obligation is approximately 103 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for January 2020 CBP Auction - Thursday, January 2, 2020 The minimum and maximum starting prices for the products in the CBP auction scheduled for January 28, 2020 are as follows:
June 2020 through May 2021 (12 months): $60.00/MWh and $80.00/MWh June 2020 through May 2022 (24 months): $60.00/MWh and $80.00/MWh
The products’ starting prices are expected to fall within these range and will be disclosed to bidders prior to the auction |
| Announcement of Tranche Target and Tranche Size for January 2020 CBP Auction - Wednesday, December 4, 2019 For the January 2020 CBP Auction, there are two products and the tranche targets for the products are as follows:
Delivery period June 2020 through May 2021 (12 months): 16 tranches Delivery period June 2020 through May 2022 (24 months): 17 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 105 MW per tranche, and the capacity obligation is approximately 103 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| FirstEnergy Ohio Utilities to Conduct Competitive Auction to Procure Electric Generation Supply - Thursday, November 14, 2019FirstEnergy Corp. announced that a competitive bidding process will be conducted by its Ohio utilities – Ohio Edison, Cleveland Electric Illuminating and Toledo Edison – to procure full-requirements electric generation service for their Standard Service Offer customers for the delivery period June 2020 through May 2022. View the full news release (PDF) |
| PUCO Accepts Results of October 2019 FEOU CBP Auction - Wednesday, October 9, 2019The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held October 7, 2019 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine its standard service offer through May 2022.The Finding and Order can be viewed here. |
| Announcement Regarding Tranche Size for October 2019 CBP Auction - Thursday, September 12, 2019 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for October 2019 from the announcement made on August 14, 2019. Thus, based on historical data, the energy obligation is approximately 102 MW per tranche, and the capacity obligation is approximately 102 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for October 2019 CBP Auction - Wednesday, September 4, 2019 The minimum and maximum starting prices for the products in the CBP auction scheduled for October 7, 2019 are as follows:
June 2020 through May 2021 (12 months): $60.00/MWh and $80.00/MWh, June 2020 through May 2022 (24 months): $60.00/MWh and $80.00/MWh,
The products’ starting prices are expected to fall within these range and will be disclosed to bidders prior to the auction. |
| Announcement of Tranche Target and Tranche Size for October 2019 CBP Auction - Wednesday, August 14, 2019 For the October 2019 CBP Auction, there are two products and the tranche targets for the products are as follows:
Delivery period June 2020 through May 2021 (12 months): 16 tranches Delivery period June 2020 through May 2022 (24 months): 17 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 102 MW per tranche, and the capacity obligation is approximately 102 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| FirstEnergy Ohio Utilities to Conduct Competitive Auction to Procure Electric Generation Supply - Tuesday, July 30, 2019FirstEnergy Corp. announced that a competitive bidding process will be conducted by its Ohio utilities – Ohio Edison, Cleveland Electric Illuminating and Toledo Edison – to procure full-requirements electric generation service for their Standard Service Offer customers for the delivery period June 2020 through May 2022. View the full news release (PDF) |
| PUCO Accepts Results of January 2019 FEOU CBP Auction - Wednesday, January 30, 2019The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held January 28, 2019 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine its standard service offer through May 2020.The PUCO's news release can be viewed here. |
| Announcement Regarding Tranche Size for January 2019 CBP Auction - Tuesday, January 8, 2019 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for January 2019 from the announcement made on December 3, 2018. Thus, based on historical data, the energy obligation is approximately 102 MW per tranche, and the capacity obligation is approximately 107 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for January 2019 CBP Auction - Wednesday, January 2, 2019 The minimum and maximum starting prices for the product in the CBP auction scheduled for January 28, 2019 are $60.00/MWh and $80.00/MWh, respectively. Prior to the auction, the actual starting price for the product will be disclosed to bidders. This starting price is expected to fall within the range of $60.00/MWh and $80.00/MWh. |
| Announcement of Tranche Target and Tranche Size for January 2019 CBP Auction - Monday, December 3, 2018 For the January 2019 CBP auction, the tranche target is as follows:
June 2019 through May 2020 (12 months): 17 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 102 MW per tranche, and the capacity obligation is approximately 107 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| FirstEnergy Ohio Utilities to Conduct Competitive Auction to Procure Electric Generation Supply - Wednesday, November 14, 2018FirstEnergy Corp. announced that a competitive bidding process will be conducted by its Ohio utilities – Ohio Edison, Cleveland Electric Illuminating and Toledo Edison – to procure full-requirements electric generation service for their Standard Service Offer customers for the delivery period June 2019 through May 2020. View the full news release (PDF) |
| PUCO Accepts Results of October 2018 FEOU CBP Auction - Wednesday, October 24, 2018The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held October 22, 2018 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine its standard service offer through May 2024.The PUCO's news release can be viewed here. |
| Announcement Regarding Tranche Size for October 2018 CBP Auction - Tuesday, October 2, 2018 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for October 2018 from the announcement made on September 25, 2018. Thus, based on historical data, the energy obligation is approximately 96 MW per tranche, and the capacity obligation is approximately 107 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for October 2018 CBP Auction - Tuesday, September 25, 2018 The minimum and maximum starting prices for the product in the CBP auction scheduled for October 2018 are $60.00/MWh and $80.00/MWh, respectively. Prior to the auction, the actual starting price for the product will be disclosed to bidders. The starting price is expected to fall within the range of $60.00/MWh and $80.00/MWh. |
| Announcement of Tranche Target and Tranche Size for October 2018 CBP Auction - Tuesday, September 4, 2018 For the October 2018 CBP auction, the tranche targets are as follows:
June 2019 through May 2020 (12 months): 17 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 96 MW per tranche, and the capacity obligation is approximately 107 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| FirstEnergy Ohio Utilities to Conduct Competitive Auction to Procure Electric Generation Supply - Monday, August 20, 2018FirstEnergy Corp. announced that a competitive bidding process will be conducted by its Ohio utilities – Ohio Edison, Cleveland Electric Illuminating and Toledo Edison – to procure full-requirements electric generation service for their Standard Service Offer customers for the delivery period June 2019 through May 2020. View the full news release (PDF) |
| PUCO Accepts Results of January 2018 FEOU CBP Auction - Wednesday, January 31, 2018The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held January 29, 2018 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine its standard service offer through May 2024.The PUCO's news release can be viewed here. |
| Announcement Regarding Tranche Size for January 2018 CBP Auction - Friday, January 5, 2018 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for January 2018 from the announcement made on November 15, 2017. Thus, based on historical data, the energy obligation is approximately 97 MW per tranche, and the capacity obligation is approximately 106 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for January 2018 CBP Auction - Wednesday, December 13, 2017 The minimum and maximum starting prices for the products in the CBP auction scheduled for January 29, 2018 are as follows:
June 2018 through May 2020 (24 months): $60.00/MWh and $80.00/MWh, June 2018 through May 2021 (36 months): $60.00/MWh and $80.00/MWh,
The products’ starting prices are expected to fall within these range and will be disclosed to bidders prior to the auction. |
| Announcement of Tranche Target and Tranche Size for January 2018 CBP Auction - Wednesday, November 15, 2017 For the January 2018 CBP auction, the tranche targets are as follows:
June 2018 through May 2020 (24 months): 16 tranches June 2018 through May 2021 (36 months): 17 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 97 MW per tranche, and the capacity obligation is approximately 106 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| FirstEnergy Ohio Utilities to Conduct Competitive Auction to Procure Electric Generation Supply - Thursday, November 9, 2017FirstEnergy Corp. announced that a competitive bidding process will be conducted by its Ohio utilities – Ohio Edison, Cleveland Electric Illuminating and Toledo Edison – to procure full-requirements electric generation service for their Standard Service Offer customers for the delivery period June 2018 through May 2021. View the full news release (PDF) |
| PUCO Accepts Results of October 2017 FEOU CBP Auction - Wednesday, October 11, 2017The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held October 10, 2017 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine its standard service offer through May 2024.The PUCO's news release can be viewed here. |
| Announcement Regarding Tranche Size for October 2017 CBP Auction - Thursday, October 5, 2017 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for October 2017 from the announcement made on August 17, 2017. Thus, based on historical data, the energy obligation is approximately 106 MW per tranche, and the capacity obligation is approximately 106 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for October 2017 CBP Auction - Monday, September 18, 2017 The minimum and maximum starting prices for the two products in the CBP auction scheduled for October 2017 are $60.00/MWh and $80.00/MWh, respectively. Prior to the auction, the actual starting price for each product will be disclosed to bidders. This starting price may vary by product but each product’s starting price is expected to fall within the range of $60.00/MWh and $80.00/MWh. |
| FirstEnergy Ohio Utilities to Conduct Competitive Auction to Procure Electric Generation Supply - Monday, July 31, 2017FirstEnergy Corp. announced that a competitive bidding process will be conducted by its Ohio utilities – Ohio Edison, Cleveland Electric Illuminating and Toledo Edison – to procure full-requirements electric generation service for their Standard Service Offer customers for the delivery period June 2018 through May 2021. View the full news release (PDF) |
| PUCO Accepts Results of January 2017 FEOU CBP Auction - Wednesday, February 1, 2017The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held January 31, 2017 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine retail generation service rates for the delivery period June 1, 2016 through May 31, 2024.The PUCO's news release can be viewed here. |
| Announcement Regarding Tranche Size for January 2017 CBP Auction - Thursday, January 12, 2017 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for January 2017 from the announcement made on December 7 2016. Thus, based on historical data, the energy obligation is approximately 106 MW per tranche, and the capacity obligation is approximately 104 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for January 2017 CBP Auction - Wednesday, January 4, 2017 The minimum and maximum starting prices for the product in the CBP auction scheduled for January 2017 are $70.00/MWh and $95.00/MWh, respectively. Prior to the auction, the actual starting price for the product will be disclosed to bidders. The starting price is expected to fall within the range of $70.00/MWh and $95.00/MWh. |
| Announcement of Tranche Target and Tranche Size for January 2017 CBP Auction - Wednesday, December 7, 2016 For the January 2017 CBP auction, the tranche targets are as follows:
June 2017 through May 2018 (12 months): 16 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 106 MW per tranche, and the capacity obligation is approximately 104 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| FirstEnergy Ohio Utilities to Conduct Competitive Auction to Procure Electric Generation Supply - Wednesday, October 26, 2016FirstEnergy Corp. announced that a competitive bidding process will be conducted by its Ohio utilities – Ohio Edison, Cleveland Electric Illuminating and Toledo Edison – to procure full-requirements electric generation service for their Standard Service Offer customers for the delivery period June 2017 through May 2018. View the full news release (PDF) |
| PUCO Accepts Results of October 2016 FEOU CBP Auction - Wednesday, October 5, 2016The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held October 5, 2016 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine retail generation service rates for the delivery period June 1, 2017 through May 31, 2024.The PUCO's news release can be viewed here. |
| Announcement Regarding Tranche Size for October 2016 CBP Auction - Friday, September 9, 2016 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for October 2016 from the announcement made on August 15, 2016. Thus, based on historical data, the energy obligation is approximately 95 MW per tranche, and the capacity obligation is approximately 105 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for October 2016 CBP Auction - Friday, September 2, 2016 The minimum and maximum starting prices for the product in the CBP auction scheduled for October 2016 are $70.00/MWh and $90.00/MWh, respectively. Prior to the auction, the actual starting price for the product will be disclosed to bidders. The starting price is expected to fall within the range of $70.00/MWh and $90.00/MWh. |
| Announcement of Tranche Target and Tranche Size for October 2016 CBP Auction - Monday, August 15, 2016 For the October 2016 CBP auction, the tranche target is as follows:
June 2017 through May 2018 (12 months): 16 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 95 MW per tranche, and the capacity obligation is approximately 105 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| FirstEnergy Ohio Utilities to Conduct Competitive Auction to Procure Electric Generation Supply - Tuesday, August 9, 2016FirstEnergy Corp. announced that a competitive bidding process will be conducted by its Ohio utilities – Ohio Edison, Cleveland Electric Illuminating and Toledo Edison – to procure full-requirements electric generation service for their Standard Service Offer customers for the delivery period June 2017 through May 2018. View the full news release (PDF) |
| PUCO Accepts Results of April 26, 2016 FEOU CBP Auction - Wednesday, April 27, 2016The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held April 26, 2016 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine retail generation service rates for the delivery period June 1, 2016 through May 31, 2024. The PUCO's news release can be viewed here. |
| PUCO Accepts Results of April 13, 2016 FEOU CBP - Thursday, April 14, 2016The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held April 13, 2016 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine retail generation service rates for the delivery period June 1, 2016 through May 31, 2024. The PUCO's news release can be viewed here. |
| Ohio Commission Approves New Electric Security Plan (ESP-IV) - Thursday, March 31, 2016The Public Utilities Commission of Ohio (PUCO) today approved a new Electric Security Plan (ESP-IV) for Ohio Edison, The Cleveland Electric Illuminating Company, and Toledo Edison, utility companies of Akron, Ohio-based FirstEnergy Corp. The Commission’s Opinion and Order can be viewed here. |
| Announcement Regarding Tranche Size for April 2016 CBP Auctions - Tuesday, March 29, 2016 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the Auction Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auctions scheduled for April 2016 from the announcement made on March 11, 2016. Thus, based on historical data, the energy obligation is approximately 95 MW per tranche, and the capacity obligation is approximately 105 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for April 2016 CBP Auctions - Monday, March 28, 2016 The minimum and maximum starting prices for each of the three products in the CBP auctions scheduled for April 2016 are $70.00/MWh and $90.00/MWh, respectively. Prior to the auctions, the actual starting price for each product will be disclosed to bidders. This starting price may vary by product but each product’s starting price is expected to fall within the range of $70.00/MWh and $90.00/MWh. |
| First Two ESP-IV Auctions Scheduled for April 13 and April 26, 2016 - Friday, March 11, 2016FirstEnergy Utilities of Ohio are beginning the Competitive Bidding Process (CBP) to procure full-requirements electric generation service for their Standard Service Offer (SSO) customers for the delivery period June 2016 through May 2024. The first two auctions are scheduled for April 13 and April 26, 2016. The CBP timeline and relevant documentation are subject to change pending the approval of FEOU’s Electric Security Plan (ESP-IV) by the Public Utilities Commission of Ohio (“Commission”). Pursuant to the Commission’s Finding and Order of March 2, 2016, SSO load being procured in these CBP auctions will not include the load of Percentage of Income Payment Plan (“PIPP”) customers. View the full news release (PDF) |
| Announcement of Tranche Targets and Tranche Sizes for April 2016 CBP Auction - Friday, March 11, 2016 For each of the two April 2016 CBP Auctions, there are three products and the tranche targets for the products are as follows:
Delivery period June 2016 through May 2017 (12 months): 16 tranches Delivery period June 2016 through May 2018 (24 months): 17 tranches Delivery period June 2016 through May 2019 (36 months): 17 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 95 MW per tranche, and the capacity obligation is approximately 105 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors.
Please note that the FirstEnergy Ohio Utilities’ Electric Security Plan ESP-IV is pending approval by the Public Utilities Commission of Ohio. All documents, dates, and other information are subject to change pending the Commission’s Order. |
| Commission’s Finding and Order on PIPP on March 2, 2016 - Tuesday, March 8, 2016Click here to see the Public Utilities Commission of Ohio’s Finding and Order on procurements for Percentage of Income Payment Plan (“PIPP”) customers. |
| No Auction Will be Held in January 2016 for FirstEnergy Ohio Electric Utilities - Monday, January 4, 2016 Over the past few years, Ohio Edison Company, The Cleveland Electric Illuminating Company, and The Toledo Edison Company (“Companies”) have conducted an auction during January to procure a portion of the SSO Supply for future periods. The Companies will not conduct an auction in January 2016 because the Companies do not anticipate that their proposed competitive bidding process will be approved in a time frame that would permit an auction in January to occur. Notice will be posted to the auction Information Website when the schedule for upcoming auctions has been determined. |
| No Auction Will be Held in October 2015 for FirstEnergy Ohio Electric Utilities - Thursday, August 6, 2015 Over the past few years, Ohio Edison Company, The Cleveland Electric Illuminating Company, and The Toledo Edison Company (“Companies”) have conducted an auction during October to procure a portion of the SSO Supply for future periods. The Companies will not conduct an auction in October 2015 because the Companies do not anticipate that their proposed competitive bidding process will be approved in a time frame that would permit an auction in October to occur. Notice will be posted to the auction Information Website when the schedule for upcoming auctions has been determined. |
| PUCO Accepts Results of January 2015 FEOU CBP Auction - Wednesday, January 28, 2015The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held January 27, 2015 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine retail generation service rates for the delivery period June 1, 2015 through May 31, 2016.The PUCO's news release can be viewed here. |
| Announcement Regarding Tranche Size for January 2015 CBP Auction - Friday, January 2, 2015 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the CBP Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for January 2015 from the announcement made on November 13, 2014. Thus, based on historical data, the energy obligation is approximately 110 MW per tranche, and the capacity obligation is approximately 110 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for January 2015 CBP Auction - Wednesday, December 17, 2014 The minimum and maximum starting prices for the product in the CBP auction scheduled for January 27, 2015 are $100.00/MWh and $130.00/MWh, respectively. Prior to the auction, the actual starting price for the product will be disclosed to bidders. This starting price is expected to fall within the range of $100.00/MWh and $130.00/MWh. |
| FirstEnergy Ohio Utilities to Conduct Competitive Auction to Procure Electric Generation Supply - Monday, November 17, 2014FirstEnergy Corp. announced that a competitive bidding process will be conducted by its Ohio utilities – Ohio Edison, Cleveland Electric Illuminating and Toledo Edison – to procure full-requirements electric generation service for their Standard Service Offer customers for the delivery period June 2015 through May 2016. View the full news release (PDF) |
| Announcement of Tranche Target and Tranche Size for January 2015 CBP Auction - Thursday, November 13, 2014For the January 2015 CBP auction, the tranche target is as follows: - June 2015 through May 2016 (12 months): 16 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 110 MW per tranche, and the capacity obligation is approximately 110 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| PUCO Accepts Results of October 2014 FEOU CBP Auction - Friday, October 17, 2014The Public Utilities Commission of Ohio (PUCO) has accepted the results of the latest wholesale auction held October 14, 2014 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine retail generation service rates for the delivery period June 1, 2015 through May 31, 2016.The PUCO's news release can be viewed here. |
| Announcement Regarding Tranche Size for October 2014 CBP Auction - Wednesday, September 17, 2014 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the CBP Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for October 2014 from the announcement made on August 8, 2014. Thus, based on historical data, the energy obligation is approximately 110 MW per tranche, and the capacity obligation is approximately 110 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for October 2014 CBP Auction - Tuesday, September 9, 2014 The minimum and maximum starting prices for the product in the CBP auction scheduled for October 14, 2014 are $100.00/MWh and $130.00/MWh, respectively. Prior to the auction, the actual starting price for the product will be disclosed to bidders. This starting price is expected to fall within the range of $100.00/MWh and $130.00/MWh. |
| Announcement of Tranche Target and Tranche Size for October 2014 CBP Auction - Friday, August 8, 2014For the October 2014 CBP auction, the tranche target is as follows: - June 2015 through May 2016 (12 months): 16 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 110 MW per tranche, and the capacity obligation is approximately 110 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| FEOU Conducting Collaborative Meeting on CBP with Suppliers and Other Interested Stakeholders - Friday, March 21, 2014The FirstEnergy Ohio Utilities are conducting a collaborative meeting with Suppliers and other interested stakeholders to discuss the competitive bid process used to procure generation supply for the standard service offer. The meeting will take place on Friday, March 28, 2014 at 1:30 PM and will be held at our offices at 76 South Main Street, in Akron Ohio. Those attending in person can check in at the guard desk in the lobby and arrangements will be made to escort you to the meeting. The phone number for those unable to attend in person is 877-332-6631, passcode 88452825#. The FirstEnergy Ohio Utilities do not currently intend to make a formal presentation. After the opening remarks the remainder of the meeting will be an open discussion of suggestions for potential modifications to the competitive bid process used to procure generation supply for the standard service offer. The following is a link to a recent bidder information session conducted by CRA International, the CBP Manager for the auctions. This information is being provided solely as a point of reference and will not be presented at the meeting. Reference http://www.firstenergycbp.com/Portals/0/InfoSessions/FEOU_CBP_Information%20Session_January%202014.pdf |
| PUCO Accepts Results of January 2014 FEOU CBP Auction - Wednesday, January 29, 2014The Public Utilities Commission of Ohio (PUCO) today accepted the results of the latest wholesale auction held January 28, 2014 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine retail generation service rates for the delivery period June 1, 2014 through May 31, 2016. The PUCO's news release can be viewed here. |
| Announcement Regarding Tranche Size for January 2014 CBP Auction - Wednesday, January 8, 2014 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the CBP Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for January 2014 from the announcement made on November 13, 2013. Thus, based on historical data, the energy obligation is approximately 115 MW per tranche, and the capacity obligation is approximately 130 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for January 2014 CBP Auction - Tuesday, December 17, 2013 The minimum and maximum starting prices for each of the two products in the CBP auction scheduled for January 28, 2014 are $80.00/MWh and $105.00/MWh, respectively. Prior to the auction, the starting price for each product will be disclosed to bidders. The starting price may vary by product but each product's starting price is expected to fall within the range of $80.00/MWh and $105.00/MWh. |
| Announcement of Tranche Targets and Tranche Size for January 2014 CBP Auction - Wednesday, November 13, 2013For the January 2014 CBP auction, the tranche targets are as follows: - June 2014 through May 2015 (12 months): 16 tranches
- June 2014 through May 2016 (24 months): 17 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 115 MW per tranche, and the capacity obligation is approximately 130 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| PUCO Accepts Results of October 2013 FEOU CBP Auction - Wednesday, October 23, 2013The Public Utilities Commission of Ohio (PUCO) today accepted the results of the latest wholesale auction held October 22, 2013 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine retail generation service rates for the delivery period June 1, 2014 through May 31, 2016. The PUCO's news release can be viewed here. |
| Announcement Regarding Tranche Size for October 2013 CBP Auction - Wednesday, October 2, 2013 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the CBP Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for October 2013 from the announcement made on August 20, 2013. Thus, based on historical data, the energy obligation is approximately 115 MW per tranche, and the capacity obligation is approximately 130 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for October 2013 CBP Auction - Tuesday, September 17, 2013 The minimum and maximum starting prices for each of the two products in the CBP auction scheduled for October 22, 2013 are $80.00/MWh and $105.00/MWh, respectively. Prior to the auction, the starting price for each product will be disclosed to bidders. The starting price may vary by product but each product's starting price is expected to fall within the range of $80.00/MWh and $105.00/MWh. |
| Announcement of Tranche Targets and Tranche Size for October 2013 CBP Auction - Tuesday, August 20, 2013For the October 2013 CBP auction, the tranche targets are as follows: - June 2014 through May 2015 (12 months): 16 tranches
- June 2014 through May 2016 (24 months): 17 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 115 MW per tranche, and the capacity obligation is approximately 130 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| PUCO Accepts Results of January 2013 FEOU CBP Auction - Wednesday, January 23, 2013The Public Utilities Commission of Ohio (PUCO) today accepted the results of the latest wholesale auction held January 22, 2013 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine retail generation service rates for the delivery period June 1, 2013 through May 31, 2016. The PUCO's news release can be viewed here. |
| Announcement Regarding Tranche Size for January 2013 CBP Auction - Thursday, January 3, 2013 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the CBP Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for January 2013 from the announcement made on November 15, 2012. Thus, based on historical data, the energy obligation is approximately 115 MW per tranche, and the capacity obligation is approximately 130 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for January 2013 CBP Auction - Monday, December 17, 2012 The minimum and maximum starting prices for the product in the CBP auction scheduled for January 22, 2013 are $85.00/MWh and $105.00/MWh, respectively. Prior to the auction, the actual starting price for the product will be disclosed to bidders. This starting price is expected to fall within the range of $85.00/MWh and $105.00/MWh. |
| Announcement of Tranche Target and Tranche Size for January 2013 CBP Auction - Thursday, November 15, 2012For the January 2013 CBP auction, the tranche target is as follows: - Delivery period June 2013 through May 2016 (36 months): 17 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 115 MW per tranche, and the capacity obligation is approximately 130 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| PUCO Accepts Results of October 2012 FEOU CBP Auction - Wednesday, October 24, 2012The Public Utilities Commission of Ohio (PUCO) today accepted the results of the latest wholesale auction held October 23, 2012 using a competitive bidding process (CBP) to procure standard service offer (SSO) supply for SSO customers of the FirstEnergy Ohio Utilities (FEOU). The results from the auction, combined with results from other previous and/or scheduled CBP auctions to procure FEOU’s SSO supply, will be used to determine retail generation service rates for the delivery period June 1, 2013 through May 31, 2016. The PUCO's news release can be viewed here. |
| Announcement Regarding Tranche Size for October 2012 CBP Auction - Wednesday, October 3, 2012 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the CBP Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for October 2012 from the announcement made on August 21, 2012. Thus, based on historical data, the energy obligation is approximately 115 MW per tranche, and the capacity obligation is approximately 130 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for October 2012 CBP - Tuesday, September 18, 2012 The minimum and maximum starting prices for the product in the CBP auction scheduled for October 23, 2012 are $80.00/MWh and $105.00/MWh, respectively. The product’s starting price is expected to fall within the range of $80.00/MWh and $105.00/MWh and will be disclosed to bidders prior to the auction. |
| Announcement of Tranche Target and Tranche Size for October 2012 CBP Auction - Tuesday, August 21, 2012For the October 2012 CBP auction, the tranche target is as follows: - Delivery period June 2013 through May 2016 (36 months): 17 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 115 MW per tranche, and the capacity obligation is approximately 130 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| PUCO Accepts Results of January 2012 FEOU CBP Auction - Thursday, January 26, 2012The Public Utilities Commission of Ohio (PUCO) today accepted the results of the fourth of six wholesale auctions that will determine FirstEnergy Ohio Utilities' retail generation service rates from June 1, 2011 through May 31, 2014. The PUCO's news release can be viewed here. |
| Announcement Regarding Tranche Size for January 2012 CBP Auction - Wednesday, January 4, 2012 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the CBP Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for January 2012 from the announcement made on November 17, 2011. Thus, based on historical data, the energy obligation is approximately 115 MW per tranche, and the capacity obligation is approximately 130 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for January 2012 CBP Auction - Monday, September 19, 2011 The minimum and maximum starting prices for the product in the CBP auction scheduled for January 24, 2012 are $65.00/MWh and $85.00/MWh, respectively. Prior to the auction, the actual starting price for the product will be disclosed to bidders. This starting price is expected to fall within the range of $65.00/MWh and $85.00/MWh. |
| Announcement of Tranche Target and Tranche Size for October 2011 CBP Auction - Tuesday, August 23, 2011For the October 2011 CBP auction, the tranche target is as follows: - Delivery period June 2012 through May 2014 (24 months): 17 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 115 MW per tranche, and the capacity obligation is approximately 130 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| PUCO Accepts Results of January 2011 FEOU CBP Auction - Thursday, January 27, 2011The Public Utilities Commission of Ohio (PUCO) today accepted the results of the second of six wholesale auctions that will determine FirstEnergy Ohio Utilities' retail generation service rates from June 1, 2011 through May 31, 2014. The PUCO's news release can be viewed here. |
| Announcement Regarding Tranche Size for January 2011 CBP Auction - Wednesday, December 29, 2010 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the CBP Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for January 2011 from the announcement made on November 09, 2010. Thus, based on historical data, the energy obligation is approximately 115 MW per tranche, and the capacity obligation is approximately 130 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for January 2011 CBP Auction - Monday, December 13, 2010 The minimum and maximum starting prices for each of the three products in the CBP auction scheduled for
January 25, 2011 are $70.00/MWh and $95.00/MWh, respectively. Prior to the auction, the starting price for each product will be disclosed to bidders. The starting price may vary by product but each product's starting price is expected to fall within the range of $70.00/MWh and $95.00/MWh. |
| Announcement of Tranche Targets and Tranche Size for January 2011 CBP Auction - Tuesday, November 9, 2010For the January 2011 CBP auction, the tranche targets are as follows: - Delivery period June 2011 through May 2012 (12 months): 17 tranches
- Delivery period June 2011 through May 2013 (24 months): 17 tranches
- Delivery period June 2011 through May 2014 (36 months): 16 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 115 MW per tranche, and the capacity obligation is approximately 130 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| PUCO Accepts Results of October 2010 FEOU CBP Auction - Friday, October 22, 2010The Public Utilities Commission of Ohio (PUCO) today accepted the results of the first of six wholesale auctions that will determine FirstEnergy Ohio Utilities' retail generation service rates from June 1, 2011 through May 31, 2014. The PUCO's news release can be viewed here. |
| Announcement Regarding Tranche Size for October 2010 CBP Auction - Thursday, September 23, 2010 Pursuant to the Bidding Rules, no later than four (4) days prior to the Part 2 Application Due Date, the CBP Manager announces any update to the MW-measure of the tranches in the auction. There is no change in the MW-measure of the tranches in the auction scheduled for October 2010 from the announcement made on April 26, 2010. Thus, based on historical data, the energy obligation is approximately 115 MW per tranche, and the capacity obligation is approximately 130 MW per tranche. These values are provided for reference purposes only. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| Minimum and Maximum Starting Prices for October 2010 CBP Auction - Monday, September 13, 2010 The minimum and maximum starting prices for each of the three products in the CBP auction scheduled for October 20, 2010 are $65.00/MWh and $90.00/MWh, respectively. Prior to the auction, the starting price for each product will be disclosed to bidders. The starting price may vary by product but each product's starting price is expected to fall within the range of $65.00/MWh and $90.00/MWh. |
| Revised CBP Schedule - Wednesday, September 1, 2010In response to the Public Utilities Commission of Ohio’s August 25, 2010 Opinion and Order in the Electric Security Plan (ESP), FirstEnergy Ohio Utilities have updated the proposed timeline, which can be found here. |
| Revised CBP Schedule - Monday, May 24, 2010In response to the Public Utilities Commission of Ohio’s May 13 Entry on Rehearing in the Electric Security Plan (ESP), which calls for an evidentiary hearing on June 17, 2010, FirstEnergy Corp.’s Ohio utility companies need to modify the previously announced competitive bidding process (CBP) schedule. As a result, Part 2 Applications will be postponed from the current deadline of June 15, 2010, and the auction will be rescheduled from its current date of July 13, 2010. Additional information, including a revised schedule, will be posted on the auction Information Website and distributed via email as soon as it becomes available. The PUCO’s Entry can be viewed at the following link: http://dis.puc.state.oh.us/CaseRecord.aspx?CaseNo=10-388 |
| FirstEnergy Corp. Response to PUCO Decision Delaying its Ruling - Thursday, April 29, 2010FirstEnergy Corp., on behalf of its Ohio utility companies, issued this response to today’s announcement by the Public Utilities Commission of Ohio (PUCO) that it would not rule on a stipulated Electric Security Plan (ESP) filed by the companies by the requested date of May 5, 2010. View the full news release (PDF) |
| Announcement of Tranche Targets and Tranche Size for October 2010 CBP Auction - Monday, April 26, 2010For the October 2010 CBP auction, the tranche targets are as follows: - June 2011 through May 2012 (12 months): 17 tranches
- June 2011 through May 2013 (24 months): 17 tranches
- June 2011 through May 2014 (36 months): 16 tranches
Each tranche is one percent (1%) of the energy obligation and capacity obligation to serve SSO Load. Based on historical data, the energy obligation is approximately 115 MW per tranche, and the capacity obligation is approximately 130 MW per tranche. These values are provided for reference purposes only and may be updated prior to the auction as explained in the Bidding Rules. The FirstEnergy Ohio Utilities do not represent that each tranche will have the loads shown above or any particular MW value - the actual SSO Load during the Delivery Period will depend upon many factors. |
| FirstEnergy Ohio Utilities File Stipulated Electric Security Plan - Tuesday, March 23, 2010Ohio Edison, The Cleveland Electric Illuminating Company, and Toledo Edison, utility companies of Akron, Ohio-based FirstEnergy Corp., today filed a stipulated Electric Security Plan (ESP) with the Public Utilities Commission of Ohio (PUCO). View the full news release (PDF) |
| ATSI Signs Agreement to Join PJM - Friday, December 18, 2009American Transmission Systems, Inc. (ATSI), a subsidiary of FirstEnergy Corp. announced that it has signed an agreement to join PJM Interconnection, LLC. View the full news release (PDF) |
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