Rate Increases Are Here
The PJM Interconnection, the nation’s largest electrical grid operator, serves major utility companies like Dominion Energy, Pepco, Exelon, FirstEnergy, PPL and more. The annual capacity auction for 2026-2027 delivery year has surpassed the previous record set in 2025, where rates had already increased by 29% from 2024. These elevated costs aren’t expected to come down anytime soon.