Utilities Can Handle Costs of Green Compliance
A Special Comment from Moody’s Global Credit Services finds that the US public power sector is well positioned to comply with recent environmental regulations requiring significant and continued investment of capital for the long-term, though pressure may be felt more acutely at older coal plants.
The overall credit rating remains stable, with a median rating of A2 covering 250 public power debt issuers.
The 8-page report, Environmental Regulations Increase Capital Costs for Public Power Electric Utilities, includes a summary of recent environmental regulations, plus summaries of ratings of selected coal-fired public power systems and can be downloaded for a fee.
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