Electricity Prices Surge With Heat Wave
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.
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California Legislators Prepare Vote to Crack Down on Utility Spending
LOS ANGELES - California's legislators are about to vote on a bill that would impose stricter regulations on how utility companies spend the money they collect from ratepayers. This legislation directly responds to the growing discontent among Californians who are already grappling with high electricity bills, which can be partly attributed to wildfire prevention efforts.
Consumer rights groups have been vehemently critical of how utilities have been allocating customer funds. They allege that a substantial portion of this money is being funnelled into lobbying efforts and advertising campaigns that yield no direct benefits for the customers themselves.
The proposed bill…
