Rising electricity demand could drive US wholesale up significantly
Rising Electricity Demand Could Drive US Wholesale Prices 19% Higher Over the Next 4 Years The demand for electricity in the US has skyrocketed over the last 70 years and is going to continue to rise as technology advances. A new report by the ICF is predicting that...
Maryland Electric Bills to Surge Up to 24% After PJM Capacity Auction
The effects of the PJM capacity auction for the 2025/26 delivery year are starting to show, as the Office of People’s Counsel for the State of Maryland released a report indicating that, depending on where you are located, your electric bills could rise by as much as...
Average Electricity Bills by State
What is the Average Electric Bill in 2024? The average electric bill in the United States based on the typical monthly energy usage is $147.71. This is based on the most recent pricing data from the U.S. Energy Information Administration (EIA) and the average monthly...
PJM Capacity Auction Skyrockets 833% – Is This Going to Affect Energy Pricing?
PJM Capacity Auction Skyrockets 833% – Is This Going to Affect Energy Pricing? Prices at PJM’s annual capacity auction skyrocketed to $269.92 an increase of 833% over the previous year which closed at $28.92 as supply dwindled and demand increased. This means...
