ComEd customers are already reeling from a big jump in monthly electric bill prices. | Pat Nabong/Sun-Times file
Reporting by Brett Chase | Chicago Sun*Times
Buckle up: The multistate electric grid operator PJM Interconnection confirmed Tuesday that power demand continues to be high and that the price of electricity is likely going up next year.
Hot, hot, hot: Electric rates went up June 1. Most customers didn’t see the increases on their bills until this month. A ComEd customer who normally pays about $100 a month on average will see a spike of almost 11% on upcoming power bills.
AI caramba: Power demand across the country has skyrocketed, spurred by artificial intelligence operations and big data centers. Meanwhile, new sources of renewable energy including wind and solar have been slow to get connected to an electric grid that spans from Northern Illinois to the East Coast.
Read more here.
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