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.

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.