To: BigBull who wrote (46027 ) 6/7/1999 10:28:00 PM From: Think4Yourself Respond to of 95453
oooh, oooh, oooh!! there's more! Monday June 7, 7:41 pm Eastern Time Company Press Release SOURCE: PECO Energy Company Extreme Heat Sends Power Usage Soaring; PECO Energy Expects Even Greater Demand for Power Tuesday PHILADELPHIA, June 7 /PRNewswire/ -- Spurred by the hottest day of the year thus far, PECO Energy Company (NYSE: PE - news) customers pushed demand for electricity to the highest level since last June. Demand for electricity in the Philadelphia area exceeded 7,000 megawatts during the hour ending at 5 p.m. -- about 40 percent higher than an average day. No records, though, as local energy consumers established their all-time peak for demand on July 16, 1997 when demand rose to 7,410 megawatts. Last year's high came on June 26 with a peak of 7,106 mw. PECO Energy said with warmer overnight temperatures expected and the forecast for another muggy day with temperatures above 90, air conditioners and other cooling appliances will consume lots of power again tomorrow. Electric demand could reach the second highest level on record. PECO Energy said its power supply is good with all available generation operating -- from the large base load plants like Limerick, Peach Bottom, Eddystone, and Cromby to the peaking units at Croydon Station in Lower Bucks, Delaware Station in Philadelphia, and combustion turbines at various sites across the region. System operators again on Tuesday will be watching closely to balance power supply with customer demand and keep load and voltage balanced on local distribution circuits. ''This is the time of year our customers need their electricity most, and we'll do our very best to operate the system well for reliability,'' said Ken Lawrence, PECO Energy Distribution president. CONTACT: Michael Wood, 215-841-5555. SOURCE: PECO Energy Company