PJM 2026/2027 Capacity Price Soars to New Historic High On July 22, 2025 PJM Interconnection (“PJM”) announced the results for its Planning Year 2026/2027 Base Residual Auction (BRA). The BRA auction price soared to a new historic high, coming in at the Federal Energy Regulatory Commission’s approved cap of $329.17/Megawatt (MW)-day. This is a $59.25/MW-day … Continued
Peak Loads for Summer 2025 Brakey Energy provides email and text alerts in advance of potential Capacity and Transmission Coincident Peaks (CPs) to clients who elect to receive them. In response to the heat dome that blanketed much of the PJM footprint during the week of June 22–27, Brakey Energy issued four Capacity CP alerts, … Continued
Governor DeWine Signs House Bill 15 Into Law On May 15, 2025, Ohio Governor Mike DeWine signed Substitute House Bill 15 (HB 15) into law, enacting sweeping reforms to the state’s energy policy that will affect consumers, utilities, and the broader energy market. Introduced in the Senate just four months earlier, HB 15 represents a … Continued
Transmission Costs Changing for AES Ohio Customers AES Ohio recently filed its proposed June 1, 2025, rate updates for the Transmission Cost Recovery Rider (TCRR). The TCRR includes both kilowatt-hour (kWh) consumption and kilowatt (kW) demand components. Beginning June 1, the demand component for AES Ohio non-residential customers served at or above primary voltage will … Continued
Ohio Senate Passes Senate Bill 2, House Passes House Bill 15 On March 19, 2025, the Ohio Senate passed Amended Substitute Senate Bill 2 (SB 2), which, if enacted, would change many aspects of electric utility service and rates in Ohio. One week later, on March 26, the Ohio House voted on and passed its … Continued
FirstEnergy Files ESP VI Application On January 31, 2025, FirstEnergy (FE) filed an application for its Sixth Electric Security Plan (ESP VI) with the Public Utilities Commission of Ohio (PUCO). FE has proposed that this plan begin when its new base distribution rates take effect and remain in place through May 31, 2028. Since FE’s … Continued
AEP Zone Load Registers Possible 1CP in Arctic Blast Brakey Energy provides email and text alerts in advance of loads having the potential to set the year’s American Electric Power (AEP) Zone Transmission Coincident Peak (CP, or 1CP) to clients enrolled in AEP’s Basic Transmission Cost Rider (BTCR) transmission pilot program. In mid-January, an arctic … Continued
PUCO Approves FirstEnergy’s Return to ESP IV with Modifications On December 18, 2024, the Public Utilities Commission of Ohio (PUCO) issued a Finding and Order (“Order”) in two of FirstEnergy’s (FE) rate cases: 23-301-EL-SSO and 14-1297-EL-SSO. The first concerns FE’s withdrawal of their Fifth Electric Security Plan (ESP V), while the second addresses proposed tariff … Continued
Carolyn Brakey Wins Geauga County Commissioner Seat in Landslide Victory On November 5, voters overwhelming chose Carolyn Brakey as their next Geauga County Commissioner. Carolyn secured 33,849 votes to her opponent’s 17,474, a nearly 2-to-1 margin. Her vote total was the highest among all contested county-wide races, even surpassing President Trump’s Geauga County vote count, … Continued
PJM Files Request with FERC to Delay 2026/2027 BRA On October 15, 2024, PJM Interconnection (PJM) submitted a motion to the Federal Energy Regulatory Commission (FERC) requesting a six-month delay for the currently scheduled Base Residual Auctions (BRA) and Incremental Auctions (IA) for the 2026/2027 Delivery Year (DY) through the 2029/2030 DY. The table below … Continued