Comment by taeric
5 months ago
I confess I don't know how to contextualize this. The article says that PJM claims this should be a 1.5% to 5% increase in bills for folks. And it notes this is the first time capacity has been added in the last four auctions.
Is your contention that we a) not believe this will only have an "at most 5% increase" or b) predict that it will be more dramatic in the future?
I'm also curious where you are getting the 3x electric bills claim. The largest bill jumps I'm aware of were in CA and were largely related to fires. That and general grid upgrades.
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