Look What the Heat Wave Is Doing for Power Prices in New York City

Temperatures in the Northeast are doing a number on electricity

People cool off in a fountain on Washington Square Park in New York City in this July 16, 2013 file photo, as a heatwave descended on the city.

Photographer: Mehdi Taamallah/AFP via Getty Images

New York City residents will have to wait until Wednesday for a break from the first official heat wave in two years -- and from the high power prices that come with it.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.