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Ahead of PJM Interconnection's next power auction, lawmakers seek to avoid unnecessary cost burdens on ratepayers.
The state’s utility rates are expected to rise by as much as $20 each month — or about 17% to 20% — because electricity auction prices were higher as a result of greater demand and lower supply.
Exelon expects the PJM Interconnection’s latest capacity auction for the 2025/26 delivery year will likely lead to double-digit rate increases for some of its utility subsidiaries, including ...
PJM estimates that more than 20% of power plants currently operating in its region will retire by 2030. Meanwhile, the vast majority of the new generation pending in PJM’s application process is ...
A recent PJM electricity auction could mean a monthly electric bill increase of roughly $7.50 to $10 a month in northern Illinois.
FERC will examine whether PJM’s rules for large electricity users—like data centers—located at power plant sites are fair and clear. The core debate revolves around whether these co-located ...
Utilities in Maryland were later added, forming the Pennsylvania-New Jersey-Maryland Interconnection, or PJM. Working together allowed the utilities to share resources, cutting costs.
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