In July 2024, the GA cost was $0.744 billion, which is a 5% decrease from the June 2024 GA cost ($0.783 billion).
If we compare July 2024 with July 2023, there was a 33% increase (it was $ 0.561 billion).
The Class B July GA rate was $63.71/MWh ($0.064/kWh). The Average HOEP for July was $37.7/MWh ($0.038/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.