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.

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.

Governor Josh Shapiro announced a major agreement with PJM Interconnection that will save consumers over $21 billion in energy costs over the next two