April’s Global Adjustment Mechanism (GAM)e Cost: $0.65 Billion

In April 2024, GA cost was $0.65 billion. This is a 18% decrease from March 2024 GA of $0.80 billion.

If we compare April 2024 with April 2023, there was a 25% decrease (it was $0.88 billion).

The Class B April GA rate was $74.27/MWh ($0.074/kWh)

The Average HOEP for April was $29.1/MWh ($0.029/kWh

With these drastic monthly swings in cost, Energy@Work continues to ask “why?”.

We provide a monthly review of GAM costs, however, the reason for the cost as well as the vast cost fluctuation remains a mystery.

Energy@Work’s services include a “GAM coach”. We maintain the importance of a GAM Strategy for Class A and Class B in order to win the (GAM)e. Our collective savings have exceeded $10 million, and we look forward to continuing to assist.