GRID RELIABILITY WILL COST CUSTOMERS A FEW DOLLARS MORE PER MONTH, PJM CLAIMS
New regulation, intended to keep lights on when demand for electricity peaks, will increase payments to power generators
A new rule to enhance the reliability of the power grid at times of peak demand will cost most customers a few dollars more a month on their electric bills, according to an executive of PJM Interconnection.
The regulation is aimed at ensuring that power generators provide enough capacity to keep the lights on when demand for electricity is the highest. Approved by the Federal Energy Regulatory Commission in June, the rule will increase payments to power plants for providing needed capacity.