Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Con Edison urges NY customers to conserve energy amid heat wave

Published 08/12/2021, 12:35 PM
Updated 08/12/2021, 12:41 PM
© Reuters. FILE PHOTO: The Empire State Building is illuminated behind the Con Edison Power Plant in Manhattan, New York City, New York, U.S., April 22, 2021. REUTERS/Andrew Kelly

(Reuters) - Utility company Con Edison on Thursday asked its New York City customers to conserve energy as a heat wave grips sections of the United States, potentially straining power grids.

The company has responded to scattered outages since the heat wave began on Wednesday, and has restored power to about 2,300 customers, Con Edison said in a release, adding about 35 of its 3.5 million customers were facing disruptions at present.

"Con Edison is ready to respond to any service problems that occur due to the heat and humidity hitting the area this week and urges customers to conserve energy," it added.

© Reuters. FILE PHOTO: The Empire State Building is illuminated behind the Con Edison Power Plant in Manhattan, New York City, New York, U.S., April 22, 2021. REUTERS/Andrew Kelly

In Texas, that state's power grid operator also forecast demand would reach its highest this year on Thursday as homes and businesses crank up their air conditioners to combat another heat wave.

The U.S. National Weather Service has issued an excessive heat warning for parts of New York for Thursday.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.