Electricity rates are set to rise again next year. Here's why and what it means for you
CNBC Televisionยท2025-07-23 19:09
All right, welcome back to Power Lunch. By now, you know our RBI. Random, but interesting.But we're going to call this one WBI. Wonky, but important. And it's a story you may not hear anywhere else.Your home electricity prices may rise again next year. It's because the grid operator for the entire Mid-Atlantic and Midwestern area, basically DC to Ohio and a little bit of Chicago, just had a record high energy price auction. Now, the whole process super complicated, but basically it's what power generator ge ...