News Stories

The Electric Power Supply Association (EPSA) and its member companies announced the launch of its EnergizingTomorrow.com website.

“For over 30 years, competitive power markets have kept electricity reliable and affordable by advancing innovative all-of-the-above solutions. Through competition, customers win.”

“Americans rely on electricity to power their lives and businesses. Competitive power markets are the most efficient way to deliver reliable and affordable power by rewarding performance and preventing customers from paying for bad investments.”

“PJM produces $5 billion of annual savings through scale, competition, and transparency. Customers lose without competition.”

“Despite recent criticism toward PJM and its capacity auction, power generation is not the cause of rising electricity bills. In fact, the cost of generating electricity has been about 45% of customers’ bills over the past decade within PJM. The real causes of rising bills are monopoly utilities passing the costs of transmission and distribution to their ratepayers and top-down regulations.”

“Competitive power markets are the proven solution to meet the current challenge — they deliver reliability, innovation, and long-term affordability with transparency and high performance standards. Independent power producers evaluate the risks of building new power plants based on load growth scenarios, which are provided by the utilities. The problem is that those scenarios show great differences between what the possible and actual growth will be. Competitive power markets force IPPs to take that bet with their own money – not customers.”

“For decades, independent power producers have supplied reliable, least-cost power to keep the lights on and the American economic engine revving, saving Americans about $5 billion annually within the PJM Interconnection.”