A new independent analysis by Charles River Associates, commissioned by Exelon, reveals that increased utility-generated power could save PJM customers between $9.6 billion and $20.0 billion annually and reduce the risk of power outages by approximately 85%. The report suggests that integrating utility-owned generation, particularly in states like Maryland facing rapid demand growth, offers a critical solution to high energy costs and ensures greater system reliability and price stability. This approach allows states to deliberately plan resources, aligning with policy objectives for affordability and reliability.
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New study says utility-run power could slash bills, cut outages 85%
A new independent analysis by Charles River Associates, commissioned by Exelon, reveals that increased utility-generated power could save PJM customers between $9.6 billion and $20.0 billion annually and reduce the risk of power outages by approximately 85%. The report suggests that integrating utility-owned generation, particularly in states like Maryland facing rapid demand growth, offers a critical solution to high energy costs and ensures greater system reliability and price stability. This approach allows states to deliberately plan resources, aligning with policy objectives for affordability and reliability.