Default Service Plan Auction Process Duquesne Light Company (“Duquesne”) will be seeking proposals to fulfill its obligation as a default-service electric provider for customers who don’t choose alternative electric generation suppliers. Duquesne serves more than a half million customers in southwestern Pennsylvania. Duquesne Light will be replacing expiring Provider of Last Resort (POLR) contracts several times annually, as detailed in the Calendar page. Default Service fixed-priced products will be procured in a separate auction ("Fixed-Price (FP) Auction") from the hourly-priced auction ("Hourly-Priced (HP) Auction"). The fixed-price auction contracts include 12-month and 24-month supply contracts for load following full-requirements fixed-price tranches for the Residential & Lighting and Small Commercial & Industrial customer classes, and 3-month supply contracts for load following full-requirements fixed-price tranches for the Medium Commercial & Industrial customer class. The hourly-priced auction contract is for 12-month load following full-requirements hourly-priced tranches for the Large Commercial & Industrial customer class. The fixed-price and hourly-priced auctions will be conducted simultaneously. As the Independent Market Monitor, CRA International manages the auction processes. A descending-price clock bidding format will be used. For additional information regarding the DSP and to receive updates please register on this Information Website. Click here to register.
The information provided on the DSP, or on the auction information Website, has been prepared to assist bidders in evaluating the DSP. It does not purport to contain all the information that may be relevant to a bidder in satisfying its due diligence efforts. Neither Duquesne Light Company nor the Independent Market Monitor make any representation or warranty, expressed or implied, as to the accuracy or completeness of the information, and shall not, either individually or as a corporation, be liable for any representation expressed or implied in the DSP or any omissions from the DSP, or any information provided to a bidder by any other source. A bidder should check the auction information Website frequently to ensure it has the latest documentation and information. Neither Duquesne Light Company nor the Independent Market Monitor nor any of their representatives shall be liable to a participant or any of its representatives for any consequences relating to or arising from the participant's use of outdated information. |