Mild Summer to Dampen Debt Service Coverage Ratios
Posted on Sep 17, 2014 in Financing | Comments Off on Mild Summer to Dampen Debt Service Coverage Ratios
Mild summer weather conditions in much of the country could dampen year-end electric sales and contribute to declining debt service coverage ratios for the public power and electric cooperative sectors in 2014, Fitch Ratings says. Public power and electric cooperative credit ratings can withstand some variability in annual cash flow metrics from changing weather or economic conditions. To read more, please click here.
