Track energy prices in real time with the Penn IUR electricity ticker!

Ever wonder what happens to the price of electricity with escalating temperatures and increased demand on the electrical grid? Well, now you can track the wholesale price of electricity on your computer and see in real time how the price of electricity fluctuates with weather, time of day, and overall changes in consumer demand.

The Electricity Price Ticker is a web-based and desktop app to inform consumers of the real-time price of electricity, created by the Penn Institute for Urban Research and PJM Interconnection (the electric grid operator for wholesale electricity in all or parts of 13 states and the District of Columbia), along with a group of industry and academic partners. The Electricity Price Ticker can be found on the Penn IUR website and can also be downloaded directly onto your desktop.

Installation is simple: 1) visit http://www.powerisknowledge.com ; 2) click on the download link; 3) open the PJMWidget.zip file; 4) double click and install the PJMTicker.gadget file. After following these steps, the gadget (for Windows 7 and Vista) will appear on your desktop.

The availability of real time information is essential to informing electricity consumers about the market forces that impact price. During this period of energy uncertainty, instability in fuel prices and supplies coupled with an ever increasing demand for energy necessitates unique solutions to ensure the stability of our energy supplies. Part of the solution is making real-time information easily accessible. In proven applications, providing this information to consumers has led to the reduction in the amount of energy used during high-demand periods.

Power is knowledge! Get informed about electricity prices and see how it affects your consumption.