Electric-utility financing: let's ease off the panic button
Mary J. Foley
Abstract
Mary J. Foley
Abstract
The author makes two points: (1) the deterioration of the financial condition of America's investor-owned electric utilities has often been overstated, or signs of the utilities' revival have not been sufficiently noted; and (2) regulation as an institution is not the primary contributing cause to such deterioration as has occurred. The article essays to document these affirmations. 37 references, 9 figures.
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The author makes two points: (1) the deterioration of the financial condition of America's investor-owned electric utilities has often been overstated, or signs of the utilities' revival have not been sufficiently noted; and (2) regulation as an institution is not the primary contributing cause to such deterioration as has occurred. The article essays to document these affirmations. 37 references, 9 figures.
Key concepts: Electric utility, Finance, Financial institution, Panic, Institution, Economics, Actuarial science, Business