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Friday, September 20, 2024

Rep. Jim Struzzi introduces new bills targeting energy affordability

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State Rep. James Struzzi | Pennsylvania 62nd Legislative District

State Rep. James Struzzi | Pennsylvania 62nd Legislative District

State Rep. Jim Struzzi (R-Indiana) announced the introduction of new energy affordability legislation following the recent power market auction held by PJM Interconnection. PJM, the largest electrical grid operator in the nation, auctions prices for electricity ahead of implementation. Last month, prices for the period from June 1, 2025, through May 31, 2026, surged by 800%, rising from $28.92 per megawatt per day to $269.92.

PJM attributed these high costs to three factors: the retirement of generating stations like Homer City Power Plant reducing power supply; an increase in projected peak load; and market reforms approved by the Federal Energy Regulatory Commission.

“Once again we see how both the state and federal governments, and unelected bureaucracy, are costing the people by creating policy and regulations that do not take the entire picture into account,” shared Struzzi. “My colleagues in the House are working on a legislative package to help consumers afford electricity, benefit our economy and preserve Pennsylvania’s status as an energy leader.”

Struzzi proposed two pieces of legislation included in the Energy Affordability Legislative Package. “House Bill 2573 would create an independent agency to study power needs, ensure that the state promotes affordable and reliable energy, and continues to focus on energy development; this agency would be charged with approving any regulation or action of a state agency which would impact energy in Pennsylvania,” said Struzzi. “House Bill 2526 would require the government to show how regulations impact the affordability of energy by amending the Regulatory Review Act to require that all regulations must include information about how that change may negatively impact the price of electricity.”

Questions on House Bills 2526 and 2573 may be directed to Struzzi’s Indiana office at 724-465-0220.

Representative Jim Struzzi

62nd Legislative District

Pennsylvania House of Representatives

Media Contact:

Matthew Davis

717-787-3994 (office),

717-814-2433 (cell)

Mdavis@pahousegop.com

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