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Governor Lawsuit Helps Limit Energy Cost Increase - ButlerRadio.com - Butler, PA

Summary by butlerradio.com
After a capacity auction earlier this week, a lawsuit by Governor Josh Shapiro helped prevent energy cost spikes. Energy provider PJM was expected to raise its price cap auction to $500 per megawatt-day but after a lawsuit and settlement agreement with Governor Shapiro, the auction was capped at $329/MW-Day. The agreement saved energy consumers $8.3 billion across 13 states, and Pennsylvanian’s $1.6 billion. In real terms, the agreement saves th…
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butlerradio.com broke the news in on Friday, July 25, 2025.
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