URGING PJM INTERCONNECTION TO MAINTAIN PRICE COLLARS AT THE CURRENT RATE AND ENCOURAGING REFORMS TO THE INTERCONNECTION QUEUE.

Summary

The resolution asks PJM Interconnection to extend its current price‑collar protection for another two years at $325 per megawatt‑day, shielding households and businesses from higher electricity costs. It also calls on PJM to reform its interconnection queue so new generation can come online faster, reducing future reliance on price caps. The measure reflects concerns about soaring capacity prices and retiring power plants.

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