PJM Capacity Rate Hike 2025
Undertanding the Impact and How Ananta Can Help
The PJM capacity market, which covers 13 states and the District of Columbia, including major markets like Illinois, Ohio, Maryland, New Jersey, and Pennsylvania, is experiencing significant rate hikes. These increases are set to take effect in 2025/2026 and will impact both utility rates and third-party supplier rates.
Understanding Capacity Costs
Capacity costs are incurred by utilities and suppliers to ensure they can meet electricity demand during peak usage periods. These costs are then passed on to consumers. The upcoming rate hikes are due to several factors, including changes in the PJM capacity auction process and increased costs for power plant operators.
Impact on Your Business
The capacity rate hikes will affect businesses in the PJM region in different ways, depending on their energy usage patterns and their current electricity contracts. Some businesses may see a significant increase in their electricity bills, while others may experience a more moderate impact.
Ananta's Proactive Approach
At Ananta, we're committed to helping our customers navigate these changes and minimize the impact on their businesses. We're developing a capacity calculator that allows you to plug in your historical usage data and see how the rate hikes will affect your specific energy costs. This information can help you make informed decisions about your energy strategy and budget for the future.
Take Our Survey
We're also conducting a survey to better understand our customers' knowledge and concerns about the capacity rate hikes. The survey is currently available to all of our Ohio customers, but we encourage all of our customers in the PJM region to participate. Your feedback will help us tailor our services and support to meet your needs. Survey Link
Conclusion
The PJM capacity rate hikes are a significant development that will impact businesses across the region. By taking a proactive approach and utilizing tools like Ananta's capacity calculator and survey, you can better understand and manage the impact on your business.
