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Q. Utilities used to be consistent payers of dividends.
"Utilities used to be a widows-and-orphans kind of investment," said Jeffrey Molitor, director of portfolio review at Vanguard.
Doesn't that mean that investors need to do at least some homework before considering an investment? A. Utilities used to be all the same.
"Electric utilities used to be required to hold 15percentt reserve capacity, but this inventory has been wiped out," he said.
Decisions about new generating stations are being made by entrepreneurs rather than public utilities, he said, and entrepreneurs are unlikely to do what the utilities used to: commit to expensive generating stations that could take a decade to build.
That has allowed wind and solar to grab market share from fossil energy during the most profitable times of day, when utilities used to make most of their money and burning gas made sense (German electricity prices are at their highest in the middle of the day when solar generation is also strongest).
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To motivate reductions in energy consumption, utilities use Opower to share money-saving insights with custumers.
Factories and utilities use less oil for each dollar of production than they did then.
On energy, he forced Democrats to abandon a significant tax increase on the oil industry and a requirement that electric utilities use renewable resources.
Senate members of the conference committee initially agreed to some changes to the measure, including a requirement that utilities use more renewable fuels.
Investors in clean technology were just not excited about Silver Spring, because it makes hardware and software that utilities use to connect electric meters in a digital grid.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com