PA Residents Pay More for Electricity Under Shapiro “Price Cap”

Pennsylvania's Senate Republicans are speaking truth to power, calling out PA Democrat Governor Josh Shapiro's policies as one of the primary reasons why PA residents pay more for electricity. And Joshie doesn't like being called out. State Senate President Pro Tempore Kim Ward argues the state is losing out under a roughly $325-per-megawatt-day price cap on PJM Interconnection's capacity auctions, approved by the federal government after a lawsuit by Gov. Josh Shapiro (see PJM Grid Caves to PA Gov. Shapiro Bullying Again, Caps Prices 2 Yrs). Ward says energy-rich Pennsylvania now pays more for electricity while resource-poor states like Maryland and Virginia pay less, effectively "socializing" energy costs.

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