Pennsylvania Gov. Josh Shapiro on Tuesday announced he’s reached agreement with the regional grid operator PJM Interconnection that he said will blunt the expected sharp rise in the cost of electricity later this year.

Governor Josh Shapiro reached an agreement with PJM on a plan to save consumers over $21 billion more than the next two years.

Gov. Josh Shapiro announced Tuesday that he has reached an agreement with PJM Interconnection on a plan to resolve his recent lawsuit.

The organization that oversees the region’s electrical grid has agreed to a new cap on certain power price hikes, following a threat from Pennsylvania Gov. Josh Shapiro to consider pulling out of the system.

Pennsylvania Governor Josh Shapiro on Tuesday said he has reached an agreement with grid operator PJM Interconnection to settle his recent complaint about its power market rules and save consumers over $21 billion in energy costs over two years.

Josh Shapiro has pressed the Eastern grid operator for answers to high prices amid tighter electricity supplies.