Moody's: US public power electric utilities outlook buttressed by rate-setting ability
New York, December 06, 2016-- The outlook for US public power electric utilities remains stable for 2017, reflecting the utilities' willingness and ability to raise electricity rates when needed to produce enough revenue to support timely debt-service coverage, according to Moody's Investors Service. The ability to set retail electricity rates allowing the flexibility to pay debt service and recover costs without regulatory approval is a fundamental credit strength of...
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