Ohio electric bills likely to keep going up after latest PJM auction

Electricity meters. (States Newsroom stock photo.)

Ohioans can expect their electric bills to keep going up. Last year’s auction to ensure the grid operator serving Ohio could meet demand saw capacity prices shoot up more than 830%. In the most recent auction, prices rose even higher.

When the 830% increase came down last year after an auction held by electric grid operator PJM Interconnection, Pennsylvania Gov. Josh Shapiro sued…

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