November 18, 2024

State AG, consumer advocates demand refunds, PJM auction overhaul 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 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 ...

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.

Impact Level:

Categories:

Legal Challenges & Disputes

Tags: Capacity Market, Complaint, Ratepayer Impacts

Entities: PJM Interconnection

Markets: PJM Interconnection (PJM)

Regions: Mid-Atlantic & Midwest

States:

Regulators: FERC

Courts:

Documents:

Complaint