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Columbia Gas Default Service Retail Adder Set To Decrease On April 1
The January 23 auction to determine the Retail Price Adjustment (RPA) for the Standard Choice Offer at Columbia Gas of Ohio resulted in an RPA of $1.66 per Mcf, for the period April 1, 2024, to March 31, 2025, versus the current $1.80 per Mcf.
The auction results remain subject to approval by the Ohio Commission.
The Retail Price Adjustment will be added to the NYMEX closing price for the prompt month to set the Standard Choice Offer rate.
In this latest auction there were 7 participating and winning bidders in the 2024 auction.
Winning bidders will be kept confidential for a period of approximately 15 days.
As background, the SCO auction is a retail auction which assigns specific customers to winning suppliers (plus a portion of the load ineligible for choice, such as Percentage of Income Payment Plan customers) for a one-year term.
