UBC News

NJ 833% Commercial Electric Rate Spike: Energy Expert Helps Businesses Survive

Episode Summary

PJM businesses are now facing electric bill hikes of up to 29% following an 833% surge in capacity rates. The Energy Consultant NJ (201-892-2587) breaks down what's happening—and how their MIS Method can help you cut costs fast. Register now: https://theenergyconsultant.mantisadvisor.com/register

Episode Notes

Okay, real talk. You ever open a bill, do a double take, and go, "Wait, this can't be right"? Yeah. That's happening to a lot of business owners right now.

Because starting June 2025, commercial electricity bills across the PJM territory have gone through the roof—we're talking an 833 percent spike in capacity charges. Yep, you heard right. Eight hundred thirty-three percent.

This is the biggest price surge in PJM's history, and it's already hitting companies hard. Depending on your energy contract and how your usage is structured, your next bill could be up 29 percent higher than last year.

So if you're in Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, or D.C.—you're in it. And it's not going away anytime soon.

So, what the heck happened? Well, the short version: Older power plants retired. Demand spiked—think data centers, electrification, the works. Clean energy projects are stuck waiting to get on the grid. And PJM changed the rules on how they run their auctions.

The result? Capacity prices jumped from just twenty eight dollars ninety-two cents per megawatt-day to two hundred sixty-nine dollars and ninety-two cents. That's the number driving up your bill, and it's a problem.

Here's where The Energy Consultant NJ steps in. They've expanded their MIS Method—that's their proprietary system for energy procurement—to help businesses like yours slash energy costs and protect their margins.

And it's super straightforward: You send them your latest energy bill through their secure portal, pick your preferred terms, and their team gets to work. They come back with custom pricing options from multiple suppliers, plus a strategic plan to keep your energy spend under control—even during this crisis.

They've already helped companies like SpaceX, Canon, BASF, Prologis, and The Salvation Army handle this exact kind of market chaos. And now they're helping businesses across PJM do the same.

The good news? You've got choices. Because PJM operates in a deregulated market, you're not locked into a single utility. That means you can shop around, lock in better rates, and set up a smarter strategy with expert help.

So don't just sit there and wait for your next sky-high bill to land on your desk. Take action. Register now by clicking on the link in the description. The Energy Consultant NJ City: Bayonne Address: 104 W 16th St Website: https://theenergyconsultantnj.com Phone: +1 201 892 2587 Email: askmike@theenergyconsultantnj.com