Playing the Heatwave: Companies That Profit From Record Heat

 |  Includes: AVA, EDE, FPL-OLD, MDU, NI, NRG, PCG, WR, XEL
by: Barry Gitarts

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 (NYSE:AVA)
Empire District (NYSE:EDE)
F P L Group (FPL-OLD)
Montana Dakota Utility (NYSE:MDU)
Nisource (NYSE:NI)
Westar Energy (NYSE:WR)
Xcel Energy (NYSE:XEL)

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