A new service that tracks wholesale electricity prices in real time is designed to build consumers' understanding of how power is generated and how it gets to them.
The Electricity Price Ticker, launched on April 17 by the grid operator PJM Interconnection and the University of Pennsylvania's Penn Institute for Urban Research, provides pricing updates every five minutes for wholesale electricity in the southeastern Pennsylvania territory covered by PECO.
The initiative is believed to be the first of its kind in the world, and is intended to encourage conservation and energy efficiency.
