Given that backdrop, we asked some of our contributors for their stock ideas for those planning to invest their stimulus checks. They chose Dominion Energy ( NYSE:D), Clearway Energy ( NYSE:CWEN)( NYSE:CWEN.A), and Brookfield Renewable Partners ( NYSE:BEP)( NYSE:BEPC).

Dominion has now completely transformed itself into a boring old regulated utility, removing the riskiest portion of its business. Second, the dividend cut brings its payout ratio from the high end of the industry to a very reasonable 65% or so. And, third, it sets the government-regulated company up for highly predictable 6.5% or so earnings growth through 2025, with dividend growth expected to trail closely behind at 6%.

An excellent investment option for those looking to turn their stimulus check into a longer-lasting income stream is renewable energy producer Clearway Energy. Clearway pays a cash dividend that yields 5%.

With management targeting 5% to 9% annual growth in the dividend and 12% to 15% total annualized shareholder returns, investors can bank on Brookfield Renewable to generate market-trumping returns for years to come.