Artificial intelligence (AI) is rapidly increasing U.S. electricity consumption, expected to reach 12-20% by 2030. Dominion Energy (D) stands at the forefront, serving 7.5 million customers with a market capitalization of $53.6 billion and a 4.25% dividend yield. The company operates 27,100 megawatts of power and 14,800 miles of natural gas infrastructure, key for data center growth. Dominion’s forward P/E ratio is 18.40x, below the sector average, while its earnings and revenue continue to grow steadily. Analysts remain cautiously optimistic, with a consensus “Hold” rating and a price target of $64.86, implying a 7.5% upside.

Read more at Barchart: This High-Yield Utility Stock Is a Top AI Buy