S&P Global Ratings expects the increasing interest rates, the threat of inflation, and higher commodity prices will have a marginal but widespread negative effect on the credit quality for North America's regulated investor-owned utility industry over the next 12 months.
Although these credit risks will lead to some weakening in the sector's financial measures, they will also cause a considerable increase in the typical customer bill, potentially hampering the industry's ability to effectively manage regulatory risk over the longer term.
Gain essential insights into S&P Global Ratings’ outlook on North American utilities to cope with inflationary pressures.
