FirstEnergy Corp.’s wholesale auction held on Jan. 28 resulted in an average clearing price of $47.92 per megawatt hour for a one-year product to supply electricity to the company’s Ohio customers for the delivery period of June 2019 through May 2020.

• The results will be combined with previous auctions to set the price-to-compare for the period.
• The previous auction held last October resulted in an average clearing price of $47.12 per megawatt hour for the same period.
• Customers have the option to shop for an alternate supplier or join a local government aggregation group to meet their power needs.