Florida Power & Light Company (FPL) is preparing for the Atlantic hurricane season by enhancing the resilience of its electric grid through undergrounding power lines, using durable materials for poles, and deploying smart grid technology. These efforts aim to reduce outages and speed up power restoration after storms. FPL also advises customers to make emergency plans, including safe generator use and evacuation strategies. Despite a forecasted below-average hurricane season, FPL emphasizes readiness to protect customers and maintain reliable service.
The State Street Utilities Select Sector SPDR ETF (XLU) is highlighted for its blend of defensive stability and growth potential, driven by increased utility demand linked to artificial intelligence and market volatility. Utilities make up about 2% o...
Cohen & Steers Infrastructure Fund (UTF) continues to be a Buy as it capitalizes on the surge in electricity demand fueled by artificial intelligence and the rapid growth of data centers. The fund's portfolio has shifted towards major utilities like ...
