Storm Whacks Mid-Atlantic Utilities
Last Friday, the Mid-Atlantic region was hit by a devastating storm. It wasn't a hurricane or tornado; it was a weather front passing through the area. Only this front had an unusual punch: It wiped out utility infrastructure, leaving millions of customers without power, cable, Internet, and in many cases cellular service, for days.
It's been estimated it could take over a week to restore services for the millions of customers in Dominion Resources (D), Pepco Holding (POM), Exelon (EXC) service areas. The destruction to the utilities' infrastructure was unusually widespread....436 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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