Business mix
- The company operates through two segments: Electric Utilities and Infrastructure (EU&I); and Gas Utilities and Infrastructure (GU&I).
- The EU&I segment generates, transmits, distributes, and sells electricity to customers in the Southeast and Midwest regions.
- It generates electricity through coal, hydroelectric, natural gas, oil, renewables, and nuclear fuel.
- This segment also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and other load-serving entities.
Current key questions
- Can rate-base growth, allowed returns, and demand support earnings in utilities - regulated electric?
- How do regulation, fuel costs, interest rates, and capital spending affect customer bills and returns?
- Does the balance sheet support required infrastructure investment and dividends?