Playing the Heatwave: Companies That Profit From Record Heat

Barry Gitarts submits : This is expected to be one of the hottest summers on record. People will be using their air conditioners which are known to consume alot of electricity. The clear winners in this case are the electrical utility companies. A few names I'm looking at are listed below:

Avista (AVA)
Empire District (EDE)
F P L Group (FPL)
Montana Dakota Utility (MDU)
Nisource (NI)
NRG Energy (NRG)
PG&E CP (PCG)
Westar Energy (WR)
Xcel Energy (XEL)

For a related article, see David Jackson's Heat Wave Raises Power Consumption -- Implications.

Comments

[Brian Furbush:]

Barry,

Great post; to supplant your argument there is a great WSJ article out this morning regarding the record-setting increases in power usage due to the current heat wave across much of the nation:

online.wsj.com/article...

Take care; feel free to drop me a line at any time.

Brian F.

2006 Jul 18 10:34 AM