Wholesale Electricity Prices Expected to Stay Flat

The U.S. Energy Information Administration expects average wholesale electricity prices for 2024 in most areas of the country to be close to or slightly lower than 2023 levels because of stable generation fuel costs.

In the territory of PJM Interconnection — the regional transmission organization that coordinates the movement of wholesale electricity in Ohio — wholesale electricity is predicted to remain at an average $39 per megawatthour. 1/18/2024