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.
Topic
Energy Sector
Topic
Energy Sector
Cornell-Born Battery Startup Reaches $1.3 Billion Scale
A Cornell University startup has scaled to a $1.3 billion valuation in battery technology, per the Cornell Chronicle, marking a r…