An Update On The Mid-Atlantic Energy Market
August 30, 2022
The following information is courtesy of MidAmerican Energy Services

The above graph shows the pricing trends of electricity in the mid-Atlantic region. As evidenced by the dramatic spike starting in June of 2021, costs have been consistently trending upwards. Energy costs are predicted to remain high for at least several more months.
If you have questions about shopping for energy in this volatile market, please reach out to us for advice and strategies, we would love to help.

As businesses continue their budgeting process throughout 2025, electricity supply costs across the PJM Interconnection region are rising, driven largely by an increase in capacity charges. Capacity charges, which ensure enough power is available during peak demand, have seen a sharp uptick, leading to higher rates, especially in the DC and Maryland energy markets. Both residential and commercial customers are facing these increases, with supply prices potentially rising by as much as 20%, significantly impacting operational costs across Montgomery County, Prince George's County, Baltimore County, Ann Arundel County and towns all across the east coast. However, there is still time to mitigate the coming increase in supply rates. From simple energy efficiency upgrades, such as LED lighting or smart thermostats, to longer-term projects like solar panel installations and power walls, businesses have a range of commercial energy solutions to reduce consumption and control costs. These procurement strategies can offer significant business energy savings over time and position companies for more sustainable energy use. We encourage you to talk with business owners and decision-makers in your network about these rising costs. This is a great time to introduce them to Electric Advisors , where we can help them navigate these changes and find ways to reduce their energy expenses. Your referrals can play a crucial role in helping those in your network become more competitive and we've made a profound impact on local businesses up and down the east coast and beyond. See below for an example of where our clients are being serviced. Best,