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From Order: 

1. On June 6, 2024, in Case Nos. 9056 and 9064, a hearing was held concerning the conduct and results of the June 3, 2024, Standard Offer Service (“SOS”) solicitations for various full requirement services for each of the State’s investor-owned electric utilities (individually, “IOU”; and collectively, “IOUs”)1 pursuant to Order No. 81019 in Case No. 9056,2 Order No. 81102 in Case No. 9064,3 and Order No. 822284 in Case Nos. 9056 and 9064. At the hearing, Frank Mossburg of Bates White, LLC (“Bid Monitor”) testified on the conduct and results of the SOS solicitations for each IOU and Drew McAuliffe of Commission Staff (“Staff”) testified on the estimates of bill impacts given the results of the April 8, 2024, SOS bidding.
2. The Bid Monitor testified that the June 3, 2024, bid solicitation was for full requirements service for 5 different products among the four IOUs and that in response to the solicitation for the entire Request for Proposals (“RFP”), approximately 4.0 megawatts (“MW”) were bid for every MW needed overall. The Bid Monitor recommended that the Commission accept the results of the June 3, 2024, bid day. The recommendation was based on the following points: (1) the winning prices were consistent with broader market conditions; (2) the RFP was sufficiently competitive, with 7 bidders participating in at least one offering, and 5 bidders winning a share of supply; (3) the RFP was open, fair, and transparent, as all bidders, including utility affiliates, signed the same contract and all bids were judged solely on the basis of price; and (4) the process adhered to procedures laid out in the RFP and Commission Orders.5

3. No party offered any testimony rebutting the Bid Monitor’s testimony or commented on the Bid Monitor’s recommendation. Accordingly, the Commission accepted the results of the June 3, 2024 bid day, and took no action on the award of the contracts for the bids found to be acceptable. [ *** ]

SOS Procurement Results (ML# 310147) (06/07/2024) 
9056 (02/17/2006)
In The Matter Of The Commission’s Investigation Into Default Service For Type II Standard Offer Service Customers
9064 (05/10/2006)
In The Matter Of The Competitive Selection Of Electricity Supplier/Standard Offer Or Default Service For Investor-Owned Utility Small Commercial Customers And For The Potomac Edison Company D/B/A Allegheny Power’s, Baltimore Gas And Electric Company’s, Delmarva Power And Light Company’s And Potomac Electric Power Company’s Residential Customers