
3 Big Dividend Stocks Yielding at Least 8%; RBC Says ‘Buy’
Reuters
Texas power demand to hit record high during heat this week
The United States has been beset by extreme weather this year, including a freeze in Texas that knocked out power to millions in February and record heat in the Pacific Northwest this summer. Temperatures in Houston, the biggest city in Texas by population, will reach the upper 90s Fahrenheit (35 Celsius) every day from Aug. 22-25, according to AccuWeather. The Electric Reliability Council of Texas (ERCOT), which operates most of the state’s grid, projected power use would reach 75,107 megawatts (MW) on Monday and 75,692 MW on Tuesday.Monday’s forecast is a little lower than ERCOT projected in the morning, but would still top the grid’s all-time high of 74,820 MW set in August 2019.