In January 2024, GA cost was $0.51 billion. This is a 25% decrease from December 2023 GA of $0.69 billion.
If we compare January 2024 with January 2023, there was an 11% decrease (it was $0.58 billion).
The Class B January rate was $45.88/MWh ($0.046/kWh)
The Average HOEP for January was $43.3/MWh ($0.043/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 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 to win the (GAM)e. Our collective savings have exceeded $10 million, and we look forward to continuing to assist.