Utilities Get an Inflation Shock

From Dow Jones & Company:

Utility investors are feeling the pinch of inflation as returns are being zapped. As a result of higher natural gas prices following Russia’s invasion of Ukraine, customers have seen monthly electricity prices rise by 13% in 2022 and 6% in the first 11 months of 2023. This has led to households bearing the burden of increased bills. However, sympathy for investors is low, as customers are already feeling the financial strain.



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