US Edition
Energy Prices Poised to Reach Record High in 2026
PJM INTERCONNECTION REGION, JUL 23 – The new capacity price cap is nearly 22% higher than last year and may cause electricity bills to rise 1.5% to 5% across the PJM region, officials said.
- This past week, PJM Interconnection announced auction results, setting a record-high capacity price of $329.17 per megawatt-day for June 2026–May 2027.
- Amid climbing energy needs, Will Sauer, Exelon vice president of federal regulatory affairs, warned that resource additions aren’t keeping pace.
- With 135,192 MW on offer, PJM recorded about 45% gas, 21% nuclear, 22% coal, 4% hydro, 3% wind and 1% solar, during the July 9–15, 2025 auction.
- PJM said bills would rise 1.5% to 5%, with Philadelphia-area customers facing a 10% increase starting June 1.
- Looking ahead, PJM expects record-high prices to translate into 1.5%–5% bill increases starting summer 2026, and PJM plans a December auction for the 2027-28 delivery year.
13 Articles
13 Articles
InsideNoVA.com
Virginia MercuryCapacity auction predicts higher energy bills; Youngkin, governors air frustrations in letter to PJM
Regional electric grid operator PJM Interconnection’s capacity auction on Tuesday showed an incredible cost jump, breaking records from last year that led to major increases in bills for some consumers across the 13-state region — and setting the stage for…
Ohio Capital Journal
The Southern Maryland ChronicleEnergy bills likely to tick up again in 2026 after electricity auction clears at maximum price
As power-hungry data centers proliferate, states are searching for ways to protect utility customers from the steep costs of upgrading the electrical grid, trying instead to shift the cost to AI-driven tech companies. (Dana DiFilippo/New Jersey Monitor)Consumers in a 13-state region that includes Ohio could see their electric bills rise another 1.5% to 5% starting in the summer of 2026, after a key electricity auction cleared at its maximum pric…
NJ utility customers may face bigger bills — again — after new electricity auction • New Jersey Monitor
The latest electricity auction hit a new record high this month, the grid operator said. That means utility bills could climb, again, in 2026. (Dana DiFilippo | New Jersey Monitor)Electric prices could rise again next year after the cost of capacity hit a record high in our energy grid operator’s latest annual auction. PJM Interconnection announced the auction results Tuesday, triggering complaints from both lawmakers who demanded more accountab…
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