10.07.2015 Views

Met-Ed and Penelec Default Service Program January ... - FirstEnergy

Met-Ed and Penelec Default Service Program January ... - FirstEnergy

Met-Ed and Penelec Default Service Program January ... - FirstEnergy

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Fixed Auction Example:Prices Tick Down When There Is Excess SupplyProduct Price ($/MWh)<strong>Met</strong>-<strong>Ed</strong> R 100.00<strong>Met</strong>-<strong>Ed</strong> C 100.00<strong>Penelec</strong> R 100.00<strong>Penelec</strong> C 100.00Round 1#bid #to buy27 75 515 520 5ExcessSupplyOversupplyRatio35 0.70000 0.00005 0.100010 0.2000Round 2Product Price ($/MWh) #bid #to buyExcessSupplyOversupplyRatio<strong>Met</strong>-<strong>Ed</strong> R 95.00 17 7 10 0.2500<strong>Met</strong>-<strong>Ed</strong> C 100.00 15 5 10 0.2500<strong>Penelec</strong> R 99.22 25 5 15 0.3750<strong>Penelec</strong> C 96.25 20 5 5 0.1250<strong>Met</strong>-<strong>Ed</strong> <strong>and</strong> <strong>Penelec</strong> <strong>Default</strong> <strong>Service</strong> <strong>Program</strong>19

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