IDA or TAC: Which Is a Better Utility Electric Power Stock?
IDACORP(IDA) ZACKS·2024-09-25 21:47
Utilities benefit from various favorable factors, such as new electric rates, customer additions, cost management and the implementation of energy-efficiency programs. Also, the ongoing investments to improve the resiliency of electric infrastructure against extreme weather conditions and the ongoing transition to cost-effective, renewable energy sources to produce electricity aid the power industry. Due to their capital-intensive nature, utilities need a steady stream of funding for both new asset acquisit ...