Annapolis, MD - April 17, 2025  - An energy ratepayer report published Tuesday claims regional electricity bills could continue skyrocketing by double digits over the next decade.

The independent power sector analysis conducted by Massachusetts-based Synapse Energy Economics, Inc. said that power customers in the PJM Interconnection region may experience an increase of up to 60% in ratepayer costs by 2036.

“Electricity customers in the PJM region (which spans all or parts of 13 Mid-Atlantic states and Washington, D.C.) are facing a looming cost crisis stemming from two major issues: (a) worsening barriers to building and connecting new generation resources needed to supply the electric grid, and (b) unprecedented increases in projected electricity demand,” Synapse wrote. “PJM now faces an inflection point.”

The Synapse report continued to allege that the region’s potential historic increases are due to an outdated approval process for adding new power generation sources, such as natural gas, wind, and solar, to the energy grid.... Read More: FOX45