Why Electricity Costs Are Rising | #45

What happens when electricity demand surges faster than the grid can keep up? In this episode of SMECO Connects, hosts Sonja Cox and Tom Dennison sit down with Brian Lee and Kevin Ellenberger from ACES Power Marketing to unpack what's really happening in today's power markets—from rising capacity costs to the growing impact of data centers and AI-driven demand. They break down complex topics like capacity pricing, generation shortages, renewables, nuclear power, and why reliability is becoming one of the most critical challenges facing utilities today. Together, they also explore how SMECO's long-standing partnership with ACES helps protect members through thoughtful planning, smart risk management, and a balanced, forward-looking power portfolio—all while keeping reliability front and center for Southern Maryland. Key takeaways include: Why electricity demand is accelerating faster than expected How data centers and AI are reshaping the power grid What "capacity" really means—and why it matters to your bill How SMECO plans ahead to maintain reliability and stability Reliable power doesn't happen by accident—it happens through collaboration, expertise, and long-term vision. Tune in to learn how SMECO and its partners are working together to power our communities today and into the future.   Follow & Connect: Host: Sonja Cox Co-Host: Tom Dennison SMECO on Instagram: somdelectricSMECO on X: somdelectric