Maryland Electricity Rates Moving Up Sharply

a lightbulb simboling energy with an arrow going up symbolizing prices going up

Recent developments in the PJM Interconnection’s latest capacity auction have led to significant increases in Maryland electricity rates, with bills expected to rise by 2% to 24% depending on your location.  For many businesses, this could mean an additional $2,700 in annual energy expenses.  As energy costs continue to rise, it’s more important than ever to take proactive steps to protect your business.

Maryland Electricity Rates Going up

The primary driver behind these increases is the reliability-must-run contracts for two Talen Energy power plants, which have added about $5 billion to PJM’s capacity costs.  With these added costs impacting your bottom line, now is the time to consider energy efficiency improvements to offset these increases. Full article courtesy of Utility Drive.

Workflow Control’s integrated solutions platform enables asset managers to not only competitively source energy but also to prioritize investments in energy efficiency.  We provide ongoing support to ensure sustained energy savings.

By partnering with Workflow Control, you can mitigate the impact of these rising energy costs and make your business more resilient in the face of future rate increases.

Don’t wait until your next energy bill surprises you.  Contact us today to schedule a consultation and start saving!

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