By Sen. Jarrett Coleman
16th Senatorial District
We are facing a looming energy crisis with rising demand for electricity and retiring power plants in the market served by the PJM electricity transmission organization.
Power plants are being retired before new ones are built, and we’re facing massive growth in electricity demand. Without action now, we face potential power shortages, and electric service will become both less reliable and more expensive. Pennsylvania stands at an energy crossroads.
The recent announcement from PJM — a 22% surge in capacity market prices — should serve as our call for action. For countless families and small businesses, this means yet another $5 to $6 tacked onto monthly energy bills, with the prospect of paying more and getting less for it.
My constit