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This color bar reflects the range of prices for wholesale electricity.
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Learn more about the wholesale price of power. |
What is the electricity price ticker?
The price listed above represents the price that a local power provider would pay to purchase power right now on the wholesale market. Just like other consumer goods, the retailer (the local power provider) buys from a wholesale provider and then sells to the customer.
Learn more about what’s behind electricity prices.
What does a megawatt-hour mean to me?
As a residential consumer, your monthly electricity bill shows the kilowatt-hours you used. A 1,000 kilowatt-hours equal 1 megawatt-hour. This infographic shows how much you can power with one megawatt hour.
Where does this price come from?
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Overview of the Electricity Grid |
The electricity pricing information shown is provided by PJM, the electricity grid operator for the Mid Atlantic region. PJM works quietly behind the scenes, coordinating the movement of electricity in all or parts of 13 states and the District of Columbia, making sure there is enough electricity for the 65 million people in our region.
Learn more about how PJM coordinates and directs the electricity that is arriving at your homes and businesses.
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