Utility Dive: When utilities are early on in their rate cases, "that's when they're most vulnerable to regulators, to regulatory pressure," Eric Selmon, co-head of utilities and renewable energy research at SSR LLC, told Utility Dive.
On March 17, SSR published a report identifying Duke, CMS Energy, Hawaiian Electric and Arizona Public Service for being the "most exposed based on the size of the rate base in the rate cases, the risk to ROE and the early stage of their rate cases" during the pandemic.
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