Foreclosure Life Raft; Price Wars at Walmart; Electrical Demand Drops Two Straight Years, First Since 1949
Posted on June 2nd, 2010 in Economy | Comments Off
Citing reduced electrical demand American Electric Power will keep 10 units off line most of the year. American Electric Power Inc., one of the nation’s biggest power generators, says 10 of its smaller, coal-fired generating units will remain off line for much of the year because of lower demand for electricity. The company said the units will be kept in “extended startup status,” during off-peak months beginning Tuesday. The plan will allow the company to redeploy workers at …