By Chuck Valenches - December 13, 2024

Electricity Cost Increase Coming June 2025: What You Can Do About It

An unexpected announcement from the PJM Grid at the end of July revealed a significant increase in electricity costs. The Residual Base Auction for Capacity Costs resulted in a record high of $269.00 per MW/Day, representing a 900% increase in capacity costs for all customers on the PJM Grid.