Ep. 87 - Energy Industry Veteran John Verdile on the Coming Shock to Electricity Pricing in Ohio – What, Why, and How to Deal With It

Dreamers, Drivers, Doers

In June 2025, if you are an electricity user in Ohio or a number of adjacent states, your costs arelikely togo up–a lot. PJM is the regional transmission organization behind every kilowatt of electricity that runsthrough 13 states in the northeastern U.S., including Ohio. Recent market action for future pricing saw astaggering 933% increase for the 2025/2026 delivery year that starts next June. This spike is attributed topersistent supply tightness and the massive increase of energy needs in the region, with new powergeneration capacity unlikely to alleviate the shortfall in time. Sounds technical–and it is but XpenseSolutions President and energy industry veteran, John Verdile, stops by in this episode to explain why thisis headline news and why businesses should begin preparing for the increase. Stay tuned for a follow-upepisode where John talks about steps he is seeing many businesses take to better optimize their energyspend and ultimately save money.