NY utility regulators say system ready for summer
Posted at: 05/17/2013 8:12 AM
| Updated at: 05/17/2013 8:27 AM
ALBANY, N.Y. (AP) - Regulators say New York's power grid is ready to handle the summer demand driven by air conditioning.
They say the New York Independent System Operator expects sufficient energy supplies and reserves to meet projected loads.
Consolidated Edison's densely-populated downstate region has the highest loads during the summer. But it has programs to help relieve peak demand, including financial incentives for large commercial and industrial users.
New York Mercantile Exchange projections show summer electric prices from June through September are expected to be slightly higher in 2013 than last year and about the same as in 2010 and 2011.
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