Governor Josh Shapiro and PJM Interconnection Reach Deal to Save Consumers Billions
Governor Josh Shapiro announced a major agreement with PJM Interconnection that will save consumers over $21 billion in energy costs over the next two
PJM, Pa. governor reach lawsuit agreement to prevent energy price hikes
Eastern grid operator PJM Interconnection LLC reached a preliminary agreement Tuesday with Pennsylvania Gov. Josh Shapiro to resolve a pending lawsuit to cap prices paid to electricity generators for future supply.
Deal reached to avoid ‘historic’ PJM electricity price hikes
Pennsylvania Gov. Josh Shapiro said he worked with PJM to lower the capacity auction price cap – from over $500/MW-day to $325/MW-day.
Shapiro announces agreement with PJM to prevent unnecessary price hikes
Governor Josh Shapiro reached an agreement with PJM on a plan to save consumers over $21 billion more than the next two years.
Shapiro reaches deal with PJM to limit electricity price hikes for Pennsylvania consumers
Pennsylvania Gov. Josh Shapiro on Tuesday announced he’s reached agreement with the regional grid operator PJM Interconnection that he said will blunt the expected sharp rise in the cost of electricity later this year.
Pa. Gov. Josh Shapiro touts agreement to prevent spike in electricity bills
PJM Interconnection, which controls the flow of electricity to a dozen states, planned to hike rates for consumers through 2028. Shapiro joined the governors of Maryland, Delaware and New Jersey to file a federal complaint Dec.
Gov. Shapiro, PJM reach agreement to reduce electricity price caps
Governor Josh Shapiro has reached an agreement with PJM Interconnection after filing a lawsuit over its capacity auction design that could have imposed new price increases. Both parties resolved that lawsuit to reduce their price cap for the next two years.
PJM Electric Grid Lawsuit Resolved; Shapiro Touts Price Cap Agreement
The price cap is a short term solution. Experts say getting more electric supply plugged into the grid is required to keep electric bills low.
Pennsylvania Governor and PJM reach agreement over capacity payments
Pennsylvania Governor Josh Shapiro on Tuesday said he has reached an agreement with grid operator PJM Interconnection to settle his recent complaint about its power market rules and save consumers over $21 billion in energy costs over two years.
Pennsylvania governor negotiates a deal with PJM over power prices
Josh Shapiro has pressed the Eastern grid operator for answers to high prices amid tighter electricity supplies.
Electric grid operator agrees to Shapiro demand on power price cap
The organization that oversees the region’s electrical grid has agreed to a new cap on certain power price hikes, following a threat from Pennsylvania Gov. Josh Shapiro to consider pulling out of the system.
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Shapiro administration announces settlement to prevent billions in extra electricity costs
Pennsylvania and the region’s electrical grid operator PJM Interconnection have reached an agreement that Gov. Josh Shapiro’s ...
Pennsylvania Gov. Josh Shapiro: Disruption of federal funding was not productive
Gov. Josh Shapiro on Wednesday said that the state's access to Medicaid and Head Start had been restored as of Tuesday night after the services were interrupted amid an announced freeze on federal ...
Price cap possible as rising energy costs loom
A new deal could dampen the shock of anticipated price spikes from rising energy costs. On Tuesday, Pennsylvania Gov. Josh ...