Jim McGrath

ELECTRICITY PRICES INCREASING AGAIN IN 2026 PJM Capacity Auction Results yesterday revealed an additional increase of 22% in Capacity charges putting Prolonged Upward Pressure on Consumer Electricity Bills.  Electricity consumers across PJM territory—spanning NJ, PA, MD, DC, OH, IN, and IL—are facing continued rate escalation, with retail electricity prices up nearly 100% since 2020 behind an enormous increase in 2025 and further increases are expected. Behind the scenes, the July 2024 PJM Base Residual Auction (BRA) for the 2025/2026 delivery year revealed an unprecedented surge in capacity prices—9 to 10 times higher than prior auctions—signaling fundamental shifts in load growth, generation dynamics, and investment risk. The cost of capacity for the 2025/2026 planning year is estimated at $14.7 billion, driven by sharp increases in clearing prices across most Utilities. With yesterday’s announced results for 2026/2027, the pricing trend shows no sign of abating. Capacity costs for June/26 - May 27 Cleared at $329/MW-D, up from $28/MW-D in 2023, and up from $269 in 2025. $329 MW-D results in an estimated $18 billion dollars from consumers for 2026-2027 for additional capacity. Market Drivers: Structural Demand Growth and Resource Pressures Capacity markets are reacting to significant structural changes in grid demand profiles and resource availability. PJM’s auctions reflect a rapidly tightening reserve margin due to: Explosive growth in AI and high-performance computing (HPC), with data center clusters projected to add several GW of incremental load. Electrification of transportation and industrial sectors, accelerating beyond earlier forecasts. Reindustrialization efforts, including onshoring of manufacturing and domestic supply chain expansion, further increasing baseload requirements. One notable example: Amazon’s Anthropos-linked data center development in Indiana is expected to draw 2.2 GW at full buildout—equivalent to the load of over 1 million homes. These projects are redefining locational capacity requirements and driving interconnection backlogs. Contact your MSI Rep for additional information and to design proactive hedging strategies to better navigate the increases.

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Clean energy advocates have applauded new measures to expand solar and storage capacity in New Jersey and tackle rising energy bills, including a 3GW boost to the state’s community energy programme. #solar

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Great to see Dominic Gatti speaking at New York Solar Energy Industries Association #SOLAR #STORAGE #SUMMIT providing insights into winning strategies to innovate, adapt, & continue deploying of residential solar and storage systems by bridging state energy goals with operational realities. https://lnkd.in/e5a53fcB

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🌞 ACT's Policy Team Fights to Protect Solar Net Metering Despite its benefits, net metering has come under attack in states across the region as legislators scramble to find solutions to high energy prices. Across New England, families and small businesses are being misled into thinking clean energy is driving up their electric bills. In reality, fossil fuels and outdated infrastructure are the real culprits behind our unaffordable energy costs. Read the latest blog from ACT’s Policy Team, which breaks down: 🔹 What net metering is and why it matters 🔹 The myths driving opposition 🔹 The threats emerging in Maine, New Hampshire, and Rhode Island 🔹 The bold actions ACT is taking to protect and strengthen these critical programs Net metering is one of the most effective tools we have for local clean energy development, affordability, and grid resilience. Weakening it would be a massive step backwards. 📖 Read the full blog by Oliwia Krupinska and Coral Lin: https://lnkd.in/eYbNCNNF Let’s keep net metering strong—for our economy, our environment, and our energy future. #CleanEnergy #SolarPower #NetMetering #ClimatePolicy #EnergyEquity #ACT4Climate #JustTransition

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Five Republican senators show support for clean energy legislation, plus major updates in New Jersey and Pennsylvania around solar and battery storage. Learn more in the latest episode of This Week in Solar 👉 https://lnkd.in/e8F6nFVE

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June 1: Maryland electricity costs will jump up to 24%. Here’s why (and what you can do about it): → PJM’s latest capacity auction sent prices skyrocketing → Power plants are shutting down → Delivery costs are up → Reliability is down For BGE customers, this means: - Annual bills increasing ~ $216-$276 - Some facing up to 24% higher rates Translation? Solar just became the more affordable option. If you’re a rep in Maryland (if not, see below) there has never been a better time to sell solar: → Homeowners are about to feel the pain of high bills → You can show them how to lock in cheaper, stable rates → Every pitch just got 10x more relevant Maryland just made your job 1,000x easier. Forbes called "Solar Sales Rep" the #2 job in the “Top 10 Jobs Paying Up To $250k+ in 2025” It’s easy to see why. ————————— At Helio Solar we created a system for our reps to succeed. People are making $5k, $10k—and even $30k a month… If you want to learn about selling solar in Maryland, Pennsylvania, New Jersey, Connecticut or Massachussetts, DM me for details. For more information on the bill and rate impacts of PJM’s 2025/2026 Capacity Market Results, read here: https://lnkd.in/gYrCEXA7

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