EPSA
Utility rates are on the rise across the country, and Baltimore Gas and Electric Company (BGE) – one of Exelon’s utilities in Maryland – is no exception. Marylanders are feeling a bit crabby about this year’s rate increase, so let’s pick apart the why.
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If utilities like PSEG are allowed to build a non-competitive nuclear plant, New Jersey customers will be paying long before the plant ever starts generating power. If the project faces delays, gets cancelled, or the projected demand never materializes, New Jersey residents are still on the hook for those investments.
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The last thing Illinois consumers need on their kitchen tables is a heaping helping of rate increases from their vertically integrated utilities. But that’s exactly what they’re getting.
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Competition in electricity generation helps keep prices low and reliability high. Unlike vertically integrated regulated utilities, competitive power suppliers take on investment risk — not consumers. As AI, economic growth, and electrification drive up demand, competitive markets will be key to delivering affordable, reliable power nationwide.
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PJM’s latest capacity market auction sends a clear signal: it’s time to invest in America’s power system. More investment is urgently needed to ensure grid reliability amid rising electricity demand. Clearing prices hit the cap, as established by FERC for the 2026/2027 BRA. While suppliers are beginning to respond, a stable, competitive market framework remains essential to meet future needs.
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As electricity demand surges, understanding the real cost of energy is more critical than ever. This post unpacks the pitfalls of relying solely on Levelized Cost of Electricity (LCOE) and explains why a full-cycle approach is key to ensuring affordability and reliability.
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