Electric utility (West) industry
Article Abstract:
Regulatory reform for electric utilities is slated to begin on Mar 31, 1998 in California after delays in the Jan 1, 1998 date, and reforms are expected to begin in other states soon, as well. Low margins in the trading activity and energy marketing business have led to higher revenues and lower earnings for several utilities. These stocks have performed well since the 4th qtr of 1997, but growth potential through 2000-2002 is not appealing.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
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Electric utility (west) industry
Article Abstract:
Regulation-as-usual and protected service territories are ending for the electric utility industry. Refinancing, changing work processes, and employee reductions are aiding in cost cutting efforts to meet increased competition. Stranded costs from uneconomic utility plants and other sources must be dealt with, however, along with possible lower electricity rates. These stocks are not good investments for 1996, although some have appeal.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
User Contributions:
Comment about this article or add new information about this topic: