Folks across the Mid-Atlantic are enjoying a welcome stretch of mild weather today, with temperatures in the 70s following several rounds of extreme heat earlier this month that sent temperatures into the 90s and even into the triple digits. Enjoy the comfortable nights in the 60s and low 70s over the next few days, because another heat wave is already on the horizon.

"New heat event potentially targets East Coast Aug 5-7," private forecaster Commodity Wx Group wrote on X.

Bloomberg forecast data show temperatures beginning to climb by the middle of next week, with highs peaking in the mid-to-upper 90s during the first week of August. The incoming heat wave is not expected to match the intensity of the two earlier this month, when temperatures surged well into the triple digits.

Notably, temperatures in the Lower 48 have reached their seasonal peak and will begin trending downward.

Peak summer is a welcome relief for customers across the PJM grid, who are facing some of the highest power costs in the nation.