In June 2024, the GA cost was $0.783 billion, which is a 12% increase from the May 2024 GA cost ($0.700 billion).
If we compare June 2024 with June 2023, there was a 1% decrease (it was $ 0.788 billion).
The Class B June GA rate was $78.40/MWh ($0.078/kWh). The Average HOEP for June was $31.4/MWh ($0.031/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 unclear.
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.