Public power electric utilities – US: 2019 outlook stable, aided by sound cost recovery, adaptability to clean energy shift

Source: Dan Aschenbach, A. J. Sabatelle, Doris Hernandez, Sarah Lee, Kevin G. Rose, Eriq Alexander, Thomas Brigandi, Michael Mulvaney, Moody’s Investors Service, Outlook, December 6, 2018
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The outlook for business conditions in the US public power electric utility sector over the next 12-18 months is stable, supported by self-regulated cost recovery, sound financial metrics and a competitive product. Challenges include the transition to clean energy, continuing efforts to reduce greenhouse gas emissions, cybersecurity risks and lower electricity demand, but we think the sector can adapt to them….