New York City electrical energy price spikes 1000%.

Heavy rain obscured the New york city City horizon.
Days of swelteringly hot weather followed by a thunderstorm caution caused the cost of electrical energy to increase 1000% for New york city City Monday afternoon. The spot price of electrical power was $94 per kilowatt hour at 2:30 p.m. as the heat climbed up over 90 ˚F. A reading from 3:30 p.m.– shortly after a storm caution– put the cost at $1,042 per kilowatt hour. The boost was reported previously by Bloomberg News.

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