Grid operator PJM Interconnection’s capacity prices for the 2025/2026 delivery year, which began in June 2025, have surged significantly compared to previous years, and manufacturers will see resulting increases to their power bills over the summer.

The OMA has critiqued PJM’s delays to its capacity auction to procure new power generation, as timely auctions are critical to secure new plants to replace retiring power plants. The auction delays combined with questionable capacity market changes by PJM and PJM’s backlogged interconnection queue for new generation, rated among the nation’s worst, have all contributed to the increases.

The OMA has recorded a presentation with information that manufacturers can use during this critical time featuring John Seryak, OMA’s Energy Engineer, and Susanne Buckley with Scioto Energy to explain what contributed to the spike in charges and what manufacturers can do to help manage their increased power bills.

Stay tuned for more coverage on this topic and others critical to the manufacturing industry, to be highlighted at the upcoming 2025 Ohio Manufacturers’ Energy Conference on Thursday, September 18. Registration opening soon! 7/10/2025