Utilities May Be Earning 3 Points Too Much on Equity
Utilities earned about 10% on equity over two years, some 2-3 points above cost of capital, adding roughly 5% to electric bills. Regulators may cut returns next.
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Cost Of Equity
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Utilities earned about 10% on equity over two years, some 2-3 points above cost of capital, adding roughly 5% to electric bills. Regulators may cut returns next.