slides here - Algonquin Power & Utilities Corp.
slides here - Algonquin Power & Utilities Corp.
slides here - Algonquin Power & Utilities Corp.
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Utility ROE Trends<br />
• Average authorized returns remain reasonable<br />
• Approximately 9-11% for both gas, electric, and water utilities<br />
• Trend toward increased earnings certainty<br />
• Through regulatory mechanisms<br />
12 US Average Utilty ROEs vs 10 Year US Treasury<br />
10<br />
8<br />
6<br />
4<br />
2<br />
0<br />
2006 2007 2008 2009 2010 2011 2012<br />
US Utility ROE<br />
10 Year Treasury Rates<br />
75