Tom Lydon (ETF Trends) submits: As Power Industry Gets Facelift, Perhaps Utility ETFs Might As Well The United States has an aging power grid, and efforts to bring it into modern times could benefit utility ETFs. The target is for electric power providers to spend $17 billion on upgrades by 2010, reports Steve Gelsi for MarketWatch . The alternative, if the industry doesn’t start making improvements, is increased blackouts and power-quality problems. Complete Story » ...
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Tom Lydon (ETF Trends) submits: As Power Industry Gets Facelift, Perhaps Utility ETFs Might As Well The United States has an aging power grid, and efforts to bring it into modern times could benefit utility ETFs. The target is for electric power providers to spend $17 billion on upgrades by 2010, reports Steve Gelsi for MarketWatch . The alternative, if the industry doesn’t start making improvements, is increased blackouts and power-quality problems. Complete Story » ...