All posts tagged with electricity prices
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-(Natural News) Electricity prices in Illinois are rising by as much as 50 percent. To add to this crisis, the risk of brownouts all over the state is also increasing. Richard Mark, chairman and president of Ameren, which supplies electricity to much of Southern and Central Illinois, recently wrote in an opinion piece that the […]
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-(Natural News) The Pennsylvania Public Utility Commission (PUC) has warned that Pennsylvanians could be hit with energy bills that are as much as 50 percent higher starting on Wednesday. In a press release from the PUC, they explained: “Most Pennsylvania regulated electric utilities are adjusting the price they charge for the generation portion of customers’ […]
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-(Natural News) Texas wholesale electricity retailer Griddy Energy is facing a $1 billion class-action lawsuit for allegedly charging customers extremely high prices during the cold snap that left millions without power for days. Lisa Khoury of Mont Belvieu, Chambers County, East Texas, filed the lawsuit in neighboring Harris County on Monday, Feb. 22. She claimed her […]
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-(Natural News) The wholesale electricity prices in Texas are soaring as the cold snap drastically reduced the state’s power generating capacity. On Monday, spot electricity prices at the West hub surpassed the grid’s $9,000 per megawatt-hour cap, a staggering increase from the average price of $25 per megawatt-hour. The surge is equivalent to the cost of […]
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