It's 9:10 p.m. and I'm sitting here in the house with the windows open on November 7th; it's 68 degrees outside. No I am not in Southern California, or the East Coast of Australia. I am in the middle of EDEland, where I should be worring about my soaring energy bill for the month.
But alas, I am not. My energy bill for November I am sure will be the lowest on record, and I have lived on the East Coast of Australia. If my bill is low, I am guessing that so will the bill of everyone else, making the final quarter for EDE a low revenue quarter. I'm thinking that we won't be seeing $22 or even $21 anytime soon.
That is unless we all start turning on our air conditioners.
Trust me, this is just a temporary relief. People on other heat sources ( propane, natural gas) will be soaking up a little more elec. before long... Don't know about the stock price, but I'm sure your bill will rise nicely before too long. If you enjoy that, so much the better.