COLUMBUS — Toledo Edison customers are likely to see further increases in their electric bills following the latest PJM Interconnection capacity auction.
PJM Interconnection is the regional transmission organization that coordinates the movement of wholesale electricity in all or parts of 13 states and the District of Columbia. PJM serves all of Ohio.
PJM secured 138,318 megawatts of capacity generation with the price ending up at the highest amount allowable under the Federal Energy Regulatory Commission — $325 per megawatt-day…