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Mayor warns Twinsburg residents of regional electricity price increases of roughly 10–15%
Summary
At the Feb. 11 council meeting Mayor Post told residents to expect 10–15% increases in electricity costs over several years because of capacity pressures in the PJM Interconnection footprint and said switching providers is unlikely to help.
Mayor Post told the audience at the Feb. 11 Twinsburg City Council meeting that regional electricity costs are expected to rise substantially in coming years because of supply and capacity constraints.
“Between 10–15% and it’s gonna last for some time,” Mayor Post said, describing projections published by PJM Interconnection, the regional grid operator. He said the rise translates to about a…
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