PJM Interconnection13-State Power Grid

PJM Region Commercial Electricity

The largest competitive wholesale electricity market in North America. Full retail choice in Pennsylvania, Ohio, New Jersey, Maryland, Delaware, DC, and Illinois.

PAOHNJMDDEDCILVAWVNCKYIN
65M
Customers Served
13
States + DC
Varies
Savings Review
1000+
MW of Load

PJM Zone Prices

🚨

PJM 2028/2029 Capacity Auction: $325/MW-day and a 6.8 GW Gap

Source: PJM Interconnection, July 14, 2026 | Delivery year begins June 2028

PJM's 2028/2029 Base Residual Auction cleared 138,317.8 MW UCAP at the $325/MW-day cap. Including Fixed Resource Requirement commitments, total capacity remained 6,831.3 MW below the reliability requirement—the second consecutive material reserve shortfall.

$325
Per MW-day (auction cap)
138.3 GW
RPM capacity cleared
6.8 GW
Below reliability requirement

What this means for commercial customers: The auction is a wholesale benchmark, not a delivered-rate quote. Review capacity pass-through language, Peak Load Contribution, tariff treatment, and demand-response fit before translating the result into account-level exposure.

Read the official result analysis →

State-by-State Guide

GOV Pennsylvania

First large state to deregulate (1996). Very active commercial market with high switching rates. PECO, PPL, and Duquesne territories.

Full choice since 1999

🌾 Ohio

State runs "Apples to Apples" comparison site. AEP, Duke, and FirstEnergy territories all have full choice for commercial customers.

Full choice since 2001

🗽 New Jersey

Third-party supplier (TPS) market. PSE&G is the largest utility. Strong renewable energy requirements drive green pricing options.

Full choice since 1999

🦀 Maryland

BGE, Pepco, and Delmarva territories. Commercial choice well-established with competitive supplier marketplace.

Full choice since 1999

🏙️ Illinois

ComEd (Chicago, northern IL) and Ameren (central/southern IL). ComEd is in PJM while Ameren is in MISO.

Full choice since 2007

GOV DC / Delaware

Pepco (DC) and Delmarva (DE) territories. Smaller markets but full commercial choice available with competitive rates.

Full choice since 1999-2001

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