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Utilities set to surge in the heatwave. Here's a breakdown
CNBC Televisionยท 2025-07-08 15:55
Welcome back. With 2025 shaping up to be the second hottest year on record, which utility companies might stand to benefit. Our Pipa Stevens has that for us this morning.Morning, Pippa. Good morning, Carl. Well, as Americans are cranking their air conditioners, it could be a boon for utility companies since more power sold increases earnings.But not all utility models are the same. The independent power producers could be the biggest winners from record heat. Since companies like Vistra, Constellation, NRG, ...