It was cold, dark and who knew how expensive it would be!
Now we do. PJM is the system operator that controls when power plants run to maintain the electric grid between NJ to Northern Illinois. They reported the cost of the “uplift” or charges related to running power plants during this unusually high demand period. They were:
- For the months of the polar vortex Dec 17/Jan18 the total was $70 million (the normal is $20 million)
- During the worst day, the cost was $47 million (average charges are $4.3 million per day)
So, yes it was cold, yes it was dark and yes it was expensive.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 6 solar plants in Illinois and is looking to invest in additional locations.