PJM power auction could bring lower electricity prices in 2021

By: Delaware Business Now |

Delmarva Power customers couldsee slightly lower rates for electricity in coming years.

Grid operator PJM Interconnection reported its auction produced higher price for a period from a one-year period beginning in June 2021.

Prices were up from the past auction, due in part to transmission limits.

However, Jacob Sneeden of Delmarva […]

2018-05-30T08:54:55-05:00May 30th, 2018|Delaware Market|

Capacity prices nearly double in largest U.S. power market

By: Jeffrey Tomich |

The cost of ensuring adequate available generation in the nation’s largest power market surged as power plant operators raised offer prices to offset lower energy revenues and fewer new natural gas plants coming online.

PJM Interconnection yesterday said clearing prices for capacity across much of its 13-state footprint nearly doubled […]

PUC cuts utility rates to reflect lower federal taxes

By: Joel Berg |

Pennsylvania businesses and residents will see lower costs for water, electricity and natural gas starting July 1 under action taken today by state utility regulators.

The Pennsylvania Public Utility Commission on Thursday approved rate cuts for 17 utility companies, reflecting newly lowered corporate taxes.

The cuts take effect July 1 and […]

2018-05-21T09:15:27-05:00May 21st, 2018|Pennsylvania Market|