December 11, 2024

State AG, consumer advocates demand refunds, overhaul of PJM auction, amid soaring costs

The coalition warns that inaction could lead to consumer costs more than doubling to a staggering $37 billion in the 2026/2027 auction.

Refund Request: A coalition of state consumer advocates and an attorneys general on Nov. 18 filed a complaint against PJM Interconnection LLC, alleging that its capacity market rules are unlawful, leading to excessive capacity charges for consumers. The group – consisting of advocates from the District of Columbia, Illinois, Maryland, New Jersey, and Ohio – asked FERC to establish a ...

Details:

Filing Date: November 18, 2024

Docket Numbers:

EL25-18

Short Summary:

A coalition of state consumer advocates and an attorney general lodged a complaint against PJM, alleging that its capacity market rules are unlawful, leading to excessive capacity charges for consumers. The group – consisting of advocates from the District of Columbia, Illinois, Maryland, New Jersey, and Ohio – asked FERC to establish a refund effective date and require changes to auction rules.

Impact Level:

Categories:

Legal Challenges & Disputes

Tags: Capacity Market, Ratepayer Impacts

Entities:

Markets: PJM Interconnection (PJM)

Regions:

States:

Regulators:

Courts:

Documents:

Complaint