High temperatures spike up the need for air conditioning and pushes prices higher.
This week’s 95-110 degree heat combined with high humidity throughout the central U.S., extending to the mid-Atlantic, presents a challenge. For some parts of the country, it’s the hottest week in over five years. This drives significant electricity demand – mostly related to air conditioning – and also pushes prices higher. But while it creates a challenge for the power grid, it also presents an opportunity for many businesses and institutions…
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