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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: gregor who wrote (12795)10/11/2012 7:21:41 AM
From: Ditchdigger  Respond to of 34328
 
Thanks Gregor.

Found this
"But system damage expenses are covered by insurance or storm reserves as a normal cost of doing business.
As a result, the vast majority of storms cause no lasting impact on utility company earnings. Rather, the main risk for investors is how well individual utilities manage the restoration." ( National Grid comes to mind in MA)

[ wonder if utilities tweek these storm reserve numbers similar to the banks tweeking loan loss reserves to make their numbers?]

investingdaily.com

(37 degrees here this morning, freeze warnings on the way)



To: gregor who wrote (12795)10/30/2012 7:00:41 AM
From: Ditchdigger  Read Replies (1) | Respond to of 34328
 
Seemed appropriate to revisit this storm damage subject vs utilities earnings. I should note our electric rate just dropped a few 10ths of a percent, I'm guessing costs from Irene were recovered. I have read some utes are still fighting to recover costs. And now Sandy...My eye is on D, already weak.
(Hope everyone is OK)