Q: Are there any utility companies with low debt levels? Canadian or American.
My thoughts are that with increased adoption of electric vehicles, electricity demand will continue to grow in a substantial way. I would like to invest in an electric utility for the long term based on this expected trend. However with the potential for rising rates, a company with large debt loads may not see as much benefit from increased demand as a company with lower leverage.
Your thoughts please.
My thoughts are that with increased adoption of electric vehicles, electricity demand will continue to grow in a substantial way. I would like to invest in an electric utility for the long term based on this expected trend. However with the potential for rising rates, a company with large debt loads may not see as much benefit from increased demand as a company with lower leverage.
Your thoughts please.