In the century and a half since Edison threw the first switch, not one regulated US provider of electricity has ever gone out of business. That’s a remarkable track record for longevity.
Regulated electric, heat and water utilities today are as healthy as they’ve been in decades from a business and balance sheet perspective. And the best in class companies are growing earnings and dividends at the fastest rate in half a century.
But nothing is guaranteed to last forever. Only by adapting to change while absorbing innovation can utility companies ensure they’ll be around