PJM's latest auction raised capacity prices again, but NJ utilities say impact on electric bills will be smaller than last year’s increase.

PJM Interconnection today announced the results of its 2026/2027 Base Residual Auction (BRA), which secured 134,311 MW of ...

PJM Interconnection's 2026/2027 base residual auction fetched the FERC-mandated price cap in all zones, $329.17/MW-day.

The rise in wholesale electricity prices will likely get passed on to the grid operator’s 67 million customers.

ComEd electric customers stung by a recent price hike that led to soaring electric bills are unlikely to see any relief next ...

PJM Interconnection, the electric grid operator for Pennsylvania, 12 other  Mid-Atlantic and Midwest states and the District ...

Rep. Mikie Sherrill (D-N.J.) is publicly criticizing regional grid operator PJM Interconnection for New Jersey’s rising utility bills, ...

Last year’s electricity capacity auction covering supply for New Jersey and 12 other states saw a record total capacity price ...

The capacity price announced Tuesday evening for the upcoming service year was $329.17 per megawatt-day, a new record high.

Prices out of the biggest U.S. power auction, held by grid operator PJM Interconnection, cleared at $329.17 a megawatt-day, ...

The auction, meant to ensure sufficient power supply in the future, closed at a record price for the second year in a row.

Skyrocketing electricity prices this summer may just be the start of something big for Pennsylvanians, who are among the 65 ...