@cthelala.bsky.social on Bluesky

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Chirag Lala

cthelala.bsky.social

did:plc:pcejcn7dvnxpklwx7xbxnqup

Public financing of Tx offers significant savings for ratepayers! In this research note, @buddyyakov.bsky.social & I argue replacing equity in IOU capital stacks won’t harm utility credit ratings. Rather, using cheaper debt will preserve IOU rate-basing capacity. https://publicenterprise.org/report/research-note-evaluating-the-impacts-from-reducing-equity-in-investor-owned-utility-capital-stacks-in-california/

2025-08-28T14:30:01.307Z