TITLE

Rating Analysts: Utilities' Credit Will Remain Stable Amid Restructuring

AUTHOR(S)
Sanchez, Humberto
PUB. DATE
May 2003
SOURCE
Bond Buyer;5/28/2003, Vol. 344 Issue 31644, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Local control over rates and policy, as well as risk management strategies, will keep the credit quality of public power utilities stable during 2004 as electric industry restructuring continues to evolve, analysts predicted on May 28, 2003. Management's assessment of risk is another factor that will help keep the credit quality of the public power sector stable. Since natural gas is a volatile commodity, its price rises and falls with demand which may be a cause of risk for power utilities. Another reason for the stable outlook for public power is that utilities have stayed focused on serving their customers reliable low cost power.
ACCESSION #
9944961

 

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