Chris Ellinghaus | Source | Managing Director, Senior Analyst at Siebert Williams Shank
Chris Ellinghaus
Chris is a Managing Director and Senior Analyst at Siebert Williams Shank, where he specializes in Electric and Natural Gas Utilities and Alternative Energy. Siebert Williams Shank is an independent non-bank financial services firm that offers investment banking, sales and trading, research, and advisory services.
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Siebert Williams Shank
Managing Director, Senior Analyst
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US utilities boosting capex plans to meet demand from power-guzzling sectors | BOE Report
Major U.S. utilities are expected to spend heavily on upgrading their electric lines and grids over the next five years to cater to power-hungry sectors, although experts worry that their plans to raise rates sharply to offset higher costs may face regulatory hurdles. In the past few weeks, about nine utilities had raised their capital
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I think it’s still got to double. So if you think about the next five to ten years, you’re probably going to see this kind of rate of growth or something similar to it.
