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Power & grid · Part 13 · settles Oct 20

Will household electricity prices in PJM's nine states rise at least 4 points more than in the other 42 states through August 2026?

How it settles

The price is residential revenue divided by residential sales over September 2025 to August 2026, against September 2024 to August 2025, for each of the 51 jurisdictions, as the Part computes it for the year to July (11. U.S. Energy Information Administration, EIA-861M monthly sales and revenue (first release of the month tested)

The exact question and the full rule

In the EIA-861M data through August 2026, as first published, is the median twelve-month change in the average household price per kilowatt-hour across the nine jurisdictions PJM serves (Delaware, the District of Columbia, Illinois, Maryland, New Jersey, Ohio, Pennsylvania, Virginia, West Virginia) at least four percentage points above the median change across the other 42?

The price is residential revenue divided by residential sales over September 2025 to August 2026, against September 2024 to August 2025, for each of the 51 jurisdictions, as the Part computes it for the year to July (11.7% against 5.6%). The answer is yes if the PJM median minus the median of the other 42 is 4.0 points or more; no if it is below 4.0 points.

If the source is late or silent: Data for August not published by November 15, 2026 is inconclusive. Figures are read as first published in that release; later revisions do not reopen the test. If EIA withholds the residential figures for more than two of the nine PJM jurisdictions, the test is inconclusive, and the Result says what was read and what was missing.

a side

The load pays its way

Yes: PJM's data center boom and capacity auction costs are pushing its household power prices up far faster than the rest of the country.

If yes

The bill no state can shield

No: rising power costs are now a national trend, so PJM's states are not pulling meaningfully ahead of the other 42.

50%
NoYes

Closed: the date has passed.

The case · 20 people · 2 minutes
The load pays its way0 people argue nounsided13The bill no state can shield7 people argue yes
Stronger if yes · 7 people

The bill no state can shield

The PJM capacity auction price for mid-Atlantic grid generation cleared at $269.92 per megawatt-day in July 2024, up 9x from the previous auction's $28.92, with all subsequent auctions clearing at administrative price caps.

A side · 7 people

The load pays its way

NRG argues that because the funding a large load customer must supply to bring new generation greatly exceeds the $50,000/MW security amount, concerns about whether the large load can meet financial commitments are easily satisfied under BYOG…

A side · 6 people

The plant is late

Reyk KnuhtsenJun 18 · 2 claims

ERCOT illustrates phantom demand: as of April 2026 it was assessing more than 410 GW of large-load interconnection requests, over 87% from datacenters, against a Texas all-time peak of about 85 GW, and they count 311 GW of that as phantom…

Strongest against the CallVirginia State Corporation Commission · Dec 15

Taking action specific to the PJM region appears to the VSCC to be both premature and potentially harmful, to the extent it conflicts with later guidance through the NOPR process, since the ANOPR already frames whether and how hybrid loads…

What would change the Call
  • The call turns on the median twelve-month household price change in EIA-861M data for PJM's nine states versus the other 42, through August 2026.
The Call · Part 13 · The bill no state can shield

Data centers pay for their own wires. The higher capacity price their demand sets lands first on every PJM household's bill.

The dossier · 5 minutes
The machines' reasons

The machines have not run this one yet; they run when the Call is recorded.

The Part

The Ratepayer Pays First

Households in the nine jurisdictions PJM serves paid a median 11.7% more per kilowatt-hour over the year to July than the year before, against 5.6% elsewhere. Data center builders tell regulators they pay their own way. PJM's market monitor told them no state commission can shield households from the capacity price their demand sets.

Chart: Who pays the power bill first · Data Desk