For more than four years, the country and the electric utility industry have contended with a significant economic downturn and a maddeningly slow recovery. At the same time, electric companies face huge investment requirements to maintain a high level of reliability, address environmental requirements, and build infrastructure to prepare for future demand. These investments, while necessary, do put pressure on rates and can affect consumers who are, on a personal level, well aware of the country’s economic challenges. But recent public opinion research by Edison Electric Institute suggests there are signs for optimism regarding consumers’ views on the economy and how it relates to electricity.
However, there is a major year-end fiscal challenge that threatens consumers and the industry.
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