The Risks of Capital Spending at Regulated Utilities

Some worry about a vicious circle of customers reducing their dependence on the grid, forcing utilities to raise rates. I predict there'll be more solar generation in deserts than there's going to be rooftops in cloudy places. There's a good reason for that and Burture's big operations as you in solar are in what amounts to desert. We like that kind of decision being made near the firing line.