Allegheny Power, the electricity delivery unit of Allegheny Energy, Inc. (NYSE: AYE), announced today that the Pennsylvania Public Utility Commission approved the results of Allegheny’s third auction to purchase power for 2011 and beyond.
Allegheny awarded five contracts in this auction, representing approximately 1.8 million megawatt-hours (MWh) of generation supply, or six percent of the auction purchases authorized by the Commission for periods following the expiration of rate caps on December 31, 2010.
Allegheny Power’s Watt Watchers program offers information and programs to help its customers manage their electricity bills and use energy more efficiently. For more information and tips on using energy wisely, visit the Watt Watchers area of the company’s Web site at www.alleghenypower.com