Rating Analysts: Utilities' Credit Will Remain Stable Amid Restructuring

Sanchez, Humberto
May 2003
Bond Buyer;5/28/2003, Vol. 344 Issue 31644, p5
Trade Publication
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.


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