COLDWATER, MI (WTVB) - About half of all United States citizens are under heat advisories or warnings but it looks like this will be the last day of baking for the millions in southern Michigan, including Branch County as the local heat advisory is schedule to be cancelled at 8 p.m. Thursday was the hottest day of this summer in Coldwater with a high temperature of 92 degrees and a heat index of 97. Most will be glad to see it end. But we may be exchanging heat for storms as a cold front moves thru later today and releases all the energy that has been building up in the atmosphere. It will arrive as wind, rain and lightning and could cause power outages. Once it moves through the forecasters are promising a near perfect summer weekend.
That next electric bill may be a whopper if you have been hitting the air conditioning hard this week. Were your electricity bills going up even before the heat wave? The New York Times is reporting that Michigan homes and businesses may have been over-charged for electricity for sometime because of a scheme devised by J.P.Morgan to manipulate electricity markets in Michigan and California. Federal documents obtained by the paper allege that they misrepresented energy prices to turn unprofitable power plants into profit centers, and we all paid for it. They claim innocence but are reportedly in negotiation to settle with the Federal Energy Regulatory Commission to avoid a long and embarrassing trial, and could wind up paying a half billion dollar fine, the largest in history to settle the claims.