• Clean Energy To Change The Makeup Of Utility ETFs

    30 days ago - By ETF Daily News

    From Zacks : Utility ETFs are safe havens by virtue of the regulated nature of their stocks' business. The predominant domestic focus also shields utilities from foreign currency translation issues.
    Utility operators are gradually changing the source of electricity production. Abundant cheap natural gas and declining installation costs of renewable sources like solar and wind are acting as tailwinds for the sector. The regulated utilities are also getting ample support from the administration to shut down old and less profitable fossil fuel plants and replace them with more technologically...
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