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Warm weather means less money for power companies

by LINDA BRILL / KING 5 News

KING5.com

Posted on February 8, 2010 at 5:46 PM

Our El Nino weather feels warm, but it could have a cold effect on our electric bills. The low snow pack is cutting into revenues at Seattle City Light and the whole region's power grid.

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Comments: Displaying 1 - 4 of 4

tomma206 said on February 9, 2010 at 10:04 PM

It does not matter.They pull the same bs every year.Unbeleivable

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masterblaster said on February 8, 2010 at 7:47 PM

So they raise rates when power use is low because they aren't making enough money and they raise rates when use is high to moderate use? Sounds like I need a few shares.

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robertlhartman said on February 8, 2010 at 7:01 PM

I would love a rate increase. This power is just a little too cheap for me. I wonder if they charged 5 dollars per kilowatt , then it would seem worth while as an expense. Just kidding of course . And think in the back of your mind. Power companies need profit. The shareholders would have it no other way. Cold weather, means , investors like you and me, can have a nice return on our initial investment.

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factoid said on February 8, 2010 at 6:48 PM

Can we say rate increase? I guess you'll pay whether you use it or not.

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