Weather Alert

Snowstorm Well Underway - Periods of Heavy Snow and Difficult Travel into Tonight

Snowfall rates of 1" to at times 2" per hour are likely this afternoon and this evening across most of the area as low pressure passes to the region's south.  This will cause rapid accumulations and low visibility producing hazardous travel conditions.  The storm will begin winding down after 10-11pm with accumulating snow ending from west to east between 1am and 4am Thursday. Click Here for the CBS6 Weather Forecast Page

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Channel 6 News - Search Results

The following is an archived video story. The text content of that video story is available below for reference. The original video has been deleted and is no longer available.

Power companies dangle free nights and weekends

NEW YORK (AP) -- The advent of digital meters which allow real-time monitoring has begun to prompt some electric companies to take a page out of the mobile phone marketing book.

In a shake-up of rigid old one rate business models, electric companies have begun increasingly offering free nights, free weekends and pre-paid plans.
 
Forty-two percent of U.S. electric customers have digital meters, up from less than 5 percent in 2008. The percentage is rising.
 
Digital meters have enabled traditional utilities to reduce their costs by encouraging customers to use electricity during off-peak hours, when it is cheaper.
 
But there is a potential downside for customers. Some plans offer low introductory rates that can quickly skyrocket. Others have high early-termination fees. Some fixed-rate plans are a great deal if power prices rise, but not if they fall.
 
If customers are careful, though, they can pay less.
 
AP-WF-08-17-13 0907GMT
 
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