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Saturday, June 9, 2012

Electricity Bills Are About to 'Necessarily Skyrocket'

Electricity Bills Are About to 'Necessarily Skyrocket': "…PJM Interconnection, the company that operates the electric grid for 13 states held its 2015 capacity auction…The market-clearing price for new 2015 capacity – almost all natural gas – was $136 per megawatt. That’s eight times higher than the price for 2012, which was just $16 per megawatt."

'via Blog this'

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