The largest competitive wholesale electricity market in North America. Full retail choice in Pennsylvania, Ohio, New Jersey, Maryland, Delaware, DC, and Illinois.
The 2026-2027 capacity auction cleared at the FERC-approved cap of $329.17/MW-day — a 22% increase from the prior year's $269.92/MW-day. This is the highest capacity price in PJM history, driven by surging data center demand (+5,400 MW peak load YoY) and power plant retirements outpacing new builds.
What this means for commercial customers: Capacity charges represent 20-30% of total electricity costs for C&I customers. Businesses in the PJM region should review their Peak Load Contribution (PLC) and consider demand response programs and peak load management strategies before the June 2026 delivery year begins.
Calculate your exposure →First large state to deregulate (1996). Very active commercial market with high switching rates. PECO, PPL, and Duquesne territories.
State runs "Apples to Apples" comparison site. AEP, Duke, and FirstEnergy territories all have full choice for commercial customers.
Third-party supplier (TPS) market. PSE&G is the largest utility. Strong renewable energy requirements drive green pricing options.
BGE, Pepco, and Delmarva territories. Commercial choice well-established with competitive supplier marketplace.
ComEd (Chicago, northern IL) and Ameren (central/southern IL). ComEd is in PJM while Ameren is in MISO.
Pepco (DC) and Delmarva (DE) territories. Smaller markets but full commercial choice available with competitive rates.
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Our reverse auction gets suppliers bidding for your business across all PJM territory states.
Get Competitive Quotes →Latest news affecting PJM commercial energy buyers
PJM's BRA for 2026/2027 cleared at the maximum $329.17/MW-day. 5,400 MW demand surge from data centers. State-by-state impact analysis for PA, OH, NJ, IL, MD, VA.
PJM initiates emergency out-of-market procurement workshops as the IMM points to data centers driving 40% of December auction costs. Utility delivery hikes expected.
PJM extends capacity price cap to 2030, projected to save 67 million customers $27 billion. January 2026 LMPs averaged $156.87/MWh — up 35% year-over-year.
PJM approves $11.8 billion in transmission projects while extending the capacity price collar to 2030. Analysis of impact on commercial electricity rates across PA, NJ, OH, MD, IL, and VA.