Due to petitions from consumer advocates, the Public Utilities Commission of Ohio has issued a procedural order to consider terminating the monthly variable rate (MVR) program for certain non-shopping customers at Dominion Energy Ohio due to “unreasonably high” prices.
While forward curves in ERCOT continue to move up, price gains last week were larger than normal. For the Houston zone, the 12 Month ATC strip increased $1.27 (3.3%) to $40.15. The 24 Month ATC strip increased $1.16 (3.1%) to $38.27, and the Cal 2019 ATC strip increased $1.36 (3.5%) to $39.68/MWh.
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