News
July 28, 2025 Cleveland.com Electricity price surge: Why your power bill jumped before you touched the thermostat
COLUMBUS, Ohio -- If your electricity bill feels unusually steep this summer, rising temperatures aren’t the only reason.
A record-breaking auction in the wholesale electricity market last year set higher prices for future supply. Ohioans saw increases that averaged 10%-15%, according to the Northeast Ohio Public Energy Council.
COLUMBUS, Ohio -- If your electricity bill feels unusually steep this summer, rising temperatures aren’t the only reason.
A record-breaking auction in the wholesale electricity market last year set higher prices for future supply. Ohioans saw increases that averaged 10%-15%, according to the Northeast Ohio Public Energy Council.
July 26, 2025 CUB statement on FERC ordering PJM to make interconnection improvements
We thank the Federal Energy Regulatory Commission (FERC) for ordering PJM to take specific steps to finally update its interconnection queue rules to meet national standards. PJM is now required to plan for battery storage and Grid Enhancing Technologies (GETs) in commonsense ways. In light of two straight years of record-high prices in PJM’s capacity auction–and demands from multiple states to clean up its act and better protect customers from price spikes–it is high time for the power grid operator to get back on track.
We thank the Federal Energy Regulatory Commission (FERC) for ordering PJM to take specific steps to finally update its interconnection queue rules to meet national standards. PJM is now required to plan for battery storage and Grid Enhancing Technologies (GETs) in commonsense ways. In light of two straight years of record-high prices in PJM’s capacity auction–and demands from multiple states to clean up its act and better protect customers from price spikes–it is high time for the power grid operator to get back on track.
July 22, 2025 CUB Statement: PJM Capacity Auction Leads to Record Price Spike for Second Straight Year, Threatens Even Higher Com Ed Bills in 2026-27
While we are relieved that the negotiated price cap prevented capacity costs from soaring even higher, this record price spike is unacceptable. CUB is deeply concerned that ComEd customers will continue to bear painfully high costs for another year, largely because of policy shortcomings from PJM.
While we are relieved that the negotiated price cap prevented capacity costs from soaring even higher, this record price spike is unacceptable. CUB is deeply concerned that ComEd customers will continue to bear painfully high costs for another year, largely because of policy shortcomings from PJM.
July 20, 2025 Inside Climate News: Are You a Customer of PJM? Its Capacity Auction Will Affect Your Electricity Prices in 2026
Surging data center demand and sluggish clean energy growth are converging as PJM, the pivotal power grid operator, awaits capacity auction results.
Surging data center demand and sluggish clean energy growth are converging as PJM, the pivotal power grid operator, awaits capacity auction results.
July 1, 2025 CUB Q&A: Feds want to hit us with higher electric bills to prop up expensive, out-of-state power plants
This summer, electricity prices are skyrocketing. Starting June 1, consumers started to feel the heat of poor decision-making at our regional grid operators, PJM and MISO. Unfortunately, there is more bad news: the federal Department of Energy is ordering two expensive, out-of-state power plants on the verge of retirement to stay open past their closing dates, at our expense.
This summer, electricity prices are skyrocketing. Starting June 1, consumers started to feel the heat of poor decision-making at our regional grid operators, PJM and MISO. Unfortunately, there is more bad news: the federal Department of Energy is ordering two expensive, out-of-state power plants on the verge of retirement to stay open past their closing dates, at our expense.