Power prices are up 76% on America’s biggest grid, and a watchdog is pointing fingers

Photo: Towers of Power – Power lines passing through Illinois – June 18, 2022. Photo credit: Joseph Gage via Flickr. CC BY-SA 2.0. Article by Tim De Chant. TechCrunch – May 15, 2026.

The largest electrical grid in the U.S., the PJM Interconnection, saw prices nearly double over the last year, according to a report published yesterday by Monitoring Analytics, an independent market monitor that serves as a sort of watchdog for the PJM grid. The culprit? Data centers. Wholesale prices for one megawatt-hour of electricity rose to $136.53, up from $77.78 at the same time last year. […]

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