Why Ohio’s Electric Rates are Rising: The PJM Capacity Auction Explained

February 10, 2025

The upcoming PJM capacity charge increase will affect all Ohio electric consumers. This change is expected to impact households and businesses alike, leading to higher electricity bills.

Ohio Manufacturing Association Article 2/7/25 – PJM Agrees to Electric Capacity Auction Price Cap and Floors

https://www.ohiomfg.com/our-communities/pjm-agrees-to-electric-capacity-auction-price-cap-and-floors/ 

 

To help our businesses understand and prepare for this adjustment, NOPEC has a blog post below that provides valuable insights and practical tips. The Village is sharing this resource to ensure community members are well-informed and ready for the upcoming changes!

https://www.nopec.org/blognewsroom/blog/why-ohios-electric-rates-are-rising-the-pjm-capacity-auction-explained