Pressure Mounts to Fix Key US Grid as Costs Hit New Highs (2)

Calls are mounting for the largest US grid operator to make electricity more affordable after power costs again surged to a new high.

Households and businesses from New Jersey to Chicago will pay a record of $16.4 billion to secure electricity starting in the year starting June 2027, according to PJM Interconnection LLC, which operates the 13-state grid that serves nearly one-fifth of Americans. That fee will come on top of what consumers pay for the power they actually use, plus other line items on their bills such as charges for maintaining and expanding the power lines.

PJM’s so-called ...