Thursday, November 14, 2024 | Baltimore, MD
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For decades, Maryland gave consumers an electricity choice; changing that was a mistake

October 7, 2024

Power prices are rising and poised to rise further in the wholesale power market, known as PJM, that includes Maryland, with a vigorous debate over the root causes. As a result of this shift in the wholesale market, the Office of People’s Counsel is forecasting a nearly 20% retail bill increase for Baltimore customers next year. This projection assumes that these wholesale prices will more or less automatically pass through to retail customers.

Article Source: Maryland Matters

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