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02.14.2025

Dem Governors Complain About Energy Costs They Created

From Gordon Tomb, originally published by The Daily Signal:

It’s no secret that energy prices are on the rise. High demand for electricity and tight supplies—exacerbated by early retirements of coal-fired power plants—strain grid capacity nationwide. But rather than take accountability for destructive policies that produced these conditions, Democrat governors play the blame game.

In October, electric grid operator PJM Interconnection received a joint letter from five Democrat governors—Pennsylvania’s Josh Shapiro, Illinois’ JB Pritzker, New Jersey’s Phil Murphy, Maryland’s Wes Moore, and Delaware’s John Carney. According to them, PJM, which supplies electricity to 13 states and the District of Columbia, has gouged customers with its annual capacity auctions.

These auctions are where power producers bid to gain access to the grid to distribute electricity they generate. Last year, a shortage of suppliers drove bids higher, resulting in $14.7 billion in additional costs that households and businesses will absorb in their electricity bills.

The complete article can be accessed here.

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