The following is a statement from CUB Executive Director Sarah Moskowitz on the results of PJM Interconnection’s 2027-28 capacity auction, announced Wednesday, Dec. 17 (Read the full statement here.) After a third straight auction marked by unacceptably high prices, it is painfully obvious that our capacity market is breaking under…...
PJM Capacity Auction Leads to Record Price Spike for Second Straight Year, Threatens Even Higher Com Ed Bills in 2026-27
CUB released the following statement: While we are relieved that the negotiated price cap prevented capacity costs from soaring even higher, this record price spike is unacceptable. CUB is deeply concerned that ComEd customers will continue to bear painfully high costs for another year, largely because of policy shortcomings from…...
CUB Q&A: Why did Ameren’s electricity price spike this past summer?
A spike in an electricity “capacity auction” meant that the supply price for Ameren Illinois increased significantly on June 1. Ameren estimated that this increased the average monthly bills of a typical residential customer by 18 percent to 22 percent, or roughly $38 to $46 per month, over the summer.…...
The fight before FERC, explained
What is capacity, and what does it mean for your ComEd bills? An unusual battle is shaping up before the Federal Energy Regulatory Commission (FERC), one that could undermine Illinois’ energy policy and send ComEd bills skyrocketing if out-of-state fossil-fuel generators get their way. Specifically, they want to change the…...
Sign the petition to FERC: Refunds now!
Federal regulators recently ordered changes to a yearly electricity auction that last summer sparked a 30 percent increase in power prices in Central and Southern Illinois. Now, it’s time to demand your money back for the egregious prices! Every year, the power grid operator in Central and Southern Illinois and 14 other…...
Higher electric bills again?
Here we go again. For the second time in less than a year Illinois consumers—first in Central and Southern Illinois and now in Northern Illinois—face significantly higher electric bills because of a flawed power-pricing system. And while electric customers will take the hit, big power generators like Exelon, NRG and…...
