- SO, DUK, and WEC are well-managed utilities that operate in favorable regulatory environments.
- Financial debt is considered substantial but well-managed and WEC appears to have a slight edge over DUK and SO.
- As of today, WEC is still much more reliant on coal-fired plants than SO and DUK and thus likely expected to face relatively-increased capital expenditures going forward.
- Each of the companies have increased their dividend for roughly 20 years but WEC has outpaced SO's and DUK's growth rate by a wide margin.
- Neither of the companies are considered bargains in November 2021 but SO currently trades at an acceptable dividend yield. WEC, with its traditionally much lower yield, trades closest to its historic average valuation.
For further details see:
A Tale Of 3 Regulated Utilities: Southern Company, Duke Energy, And WEC Energy Group