In an earlier blog highlighting PJM’s price formation proposal, we discussed one aspect of price formation, which was related to transforming the way reserves are priced into the market. Here, we’ll cover the latest developments on another aspect of price formation, known as fast-start pricing.
Reading an electricity bill can be a confusing process. Understanding kilowatts, how energy is measured and billed, and which household appliances are using electricity can make it challenging to grasp how much you're spending.
It doesn’t matter where you live, winter time can bring some major adjustments to your energy bill. Whether it’s cold temperatures, an increased amount of lighting, or just more people frequenting your business, your bill might look a little different.