What is the Electricity Price Ticker?
The price listed above is the cost this minute for electricity at the wholesale level. A megawatt-hour is the unit of electricity being used and is equivalent to a million watt-hours. Another way to look at it is that this price roughly translates to the wholesale cost of powering 10,000 light bulbs that are 100 watts each for one hour. The megawatt-hour price is what the local power company pays if it must purchase power right now. However, typically most power is bought through contracts in advance.
The Electricity Price Ticker can also be downloaded onto your desktop as a Windows gadget (for Windows 7 and Vista). Follow the link to download the gadget.Download
Learn more about how the wholesale power market works.
How Power Gets to Your Home:
“You can find the time, temperature and the current price of gas just about anywhere. What about the price of power - something you rely on everyday?”
--Susan Covino, market expert at PJM Interconnection
The electricity pricing information shown by the Electricity Price Ticker is provided by PJM, the independent Regional Transmission Operator for the Mid-Atlantic region, for informational and educational purposes only. PJM will not be responsible for the actions taken or inaction of consumers in response to the pricing information provided.
Creating awareness for energy consumers
Providing this information is a partnership of industry and academia focused on helping consumers learn more about electricity. The partners are: PJM Interconnection, Penn Institute of Urban Research, Penn Facilities and Real Estate Services, Navy Yard, DOE Grid Star Center, Energy Efficient Buildings Hub, and PECO.
Increase your Energy IQ
How much Facebook time or phone charging can you get with a megawatt of power?
Learn more how about the power grid and wholesale power market form the grid that serves 60 million.
How electricity literate are you?
Take our test. Then find out more about local and international energy efficiency efforts.
Learn how the University of Pennsylvania reduces its energy use.
Find ways to reduce energy use in your own home or office.
The Navy Yard (PIDC)
An experimental microgrid and innovation center.
The Navy Yard is a unique and centrally-located environment with over 100 companies and 8,000 employees.
Penn State/DOE GridSTAR Center
Learn how the smart grid can help save energy and enable the use of more renewable energy resources.
Energy Efficient Buildings Hub (formerly known as GPIC)
Renergizing buildings for the future.
The Hub will help reduce annual energy use in the U.S. commercial buildings sector by 20 percent by 2020 through informed people, validated information and proven technologies. By designing, demonstrating and deploying market proven solutions in the Greater Philadelphia, the building sector will accomplish its full potential for ongoing energy efficiency.
Your energy delivery company if you live in Bucks, Chester, Delaware, Montgomery, Philadelphia, and a portion of York counties.
Did you know you can purchase the electricity you use from a competitive electric generation supplier?
PECO will continue to safely deliver electricity, provide billing and customer support, and respond to outages and other emergencies for ALL customers. And, all customers also can take advantage of PECO Smart Ideas to save energy and money!