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On average, utilities return 60% of their profits to shareholders via dividends.
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"The stock market was going like gangbusters, and the utilities' returns of 11percentt weren't cutting it," said Richard Cortright, a utility analyst at Standard and Poor's, the bond rating agency.
Worked for rural Tennessee utility, returned home to help run father's 2 parking lots.
When he was finance minister, he agreed to the state taking on the pension liabilities of utilities in return for the unions dropping their opposition to partial privatisation.
But perhaps the most ideologically charged part of the plan is the state's proposal to take a kind of stock option in the two financially battered utilities in return for the relief.
That conference call, one of two a day LIPA is now holding with elected officials, offered a window into the frustrations shared by many here on the island and throughout the northeast as they struggle for answers with when basic utilities will return.
But given all that taxpayer money on the line, financial firms should be acting like public utilities, not returning to the practices and paychecks of 2007.
The total budget of rewards for the ECBT project is derived by assuming that power utility companies return back to the consumer on average 10% of the average electricity bill, as reward for information sharing.
Utility Lewis Brown returns to the side, coming off the bench, after a three-year absence.
The utility had returned electricity to 8,000 customers who were in that category over the weekend.
But it invites two questions.The first is whether banks can attract investors with a combination of utility-like returns and bank-like volatility.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com