Retail Electricity Prices In PJM And ISO-NE Operation Regions

I am trying to decompose retail electricity prices into its components (transmission costs, fuel costs etc), and discuss determinants of retail energy prices in these two markets. My overarching goal is to explain the reason(s) behind different energy costs faced by retail customers across the US. These two regions have the most similar markets among those with organized capacity markets (although correct me if I am wrong). These regions have consistently high pricing, but what explains this discrepancy compared to the rest of the country? Locational Marginal Prices would also work.

Any advice is greatly appreciated. Thanks in advance!

submitted by /u/capricious_scales
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