Not the year-end news you probably want to hear, but your energy costs are going to go up again.

PJM, the regional grid operator, released the results of its latest auction yesterday, where capacity prices hit a record high of $16.4 billion per year.

Capacity prices cover the costs of supplying power to the electrical grid across 13 states and the District of Columbia.

That then gets passed on to consumers.

Now, the increase will hit in 2027, and it will be about 2 percent more than the electricity rate increases we already saw this year.

But beyond the cost, the bigger concern from yesterday's auction, by the summer of 2027, PJM doesn't expect to have enough power to meet the demand brought on by the increase of data centers.

That has energy experts concerned and calling on PJM to bring more energy online and quickly.

Governor-elect Mikey Sherrill has promised to take on the grid operator when she takes office in January.