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FirstEnergy’s Pennsylvania Default Service Program DSP-VI Auctions: Information Session for Prospective Bidders on Wednesday, February 4, 2026
BOSTON, February 03, 2026--CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an auction process will be conducted for FirstEnergy Pennsylvania Electric Company (FE PA) to procure full requirements Default Supply generation service for their Default Service Customers. The auction process will lead up to the auctions scheduled for April 7, 2026.
About this update from Firstenergy Corp.
[{"type":"text","content":"BOSTON, February 03, 2026--(BUSINESS WIRE)--CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an auction process will be conducted for FirstEnergy Pennsylvania Electric Company (FE PA) to procure full requirements Default Supply generation service for their Default Service Customers. The auction process will lead up to the auctions scheduled for April 7, 2026.","length":462,"tagName":"p"},{"type":"text","content":"The bidding process will use a descending-price clock auction format. The auctions will be managed by Independent Evaluator and Auction Manager, CRA International, Inc. The auctions are being conducted pursuant to FirstEnergy’s Pennsylvania Default Service Program (DSP-VI) as approved by the Pennsylvania Public Utility Commission. These are the next auctions in the DSP-VI auction series that began in November 2022.","length":418,"tagName":"p"},{"type":"text","content":"The information session for prospective bidders for the April auctions is scheduled for Wednesday, February 4, 2026. Instructions on how to join the webcast are available on the Information Website at http://www.fepaauction.com/Documents/BidderInformationSessions.aspx.","length":269,"tagName":"p"},{"type":"text","content":"Part 1 Applications from prospective bidders will be accepted starting February 5 and are due no later than February 18. For successful Part 1 applicants, the submission window for the Part 2 Application process will be February 26 through March 19.","length":249,"tagName":"p"},{"type":"text","content":"The products that FE PA is procuring in the April DSP-VI Residential and Commercial (Fixed-Price) auction include a 12-month residential class product (delivery period June 2026 through May 2027), a 24-month residential class product (delivery period June 2026 through May 2028), a 12-month commercial class product (delivery period June 2026 through May 2027), and a 24-month commercial class product (delivery period June 2026 through May 2028).","length":447,"tagName":"p"},{"type":"text","content":"The products that FE PA is procuring in the April DSP-VI Industrial (Hourly-Priced) auction include a 12-month industrial class product (delivery period June 2026 through May 2027).","length":181,"tagName":"p"},{"type":"text","content":"Addition...