NEW YORK (Dow Jones)–The summer’s heat came a little early this year for large parts of the U.S. stretching from the southwest to the northeast, causing demand and prices for electricity prices to pop higher.
Typically temperatures tend to peak in July and August, but this week they have already hit record levels for this time of the year in places like Houston, Minneapolis and Philadelphia.
“It’s certainly an extreme weather pattern,” said Accuweather.com meteorologist Dave Houk. “From Texas, Oklahoma, Kansas up to Arkansas, the big heat has been the most persistent and it comes in waves across the northern …
Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.