Like almost any other business, American utilities are registering lower demand for what they provide households and businesses due to the coronavirus pandemic. For example, electricity demand will drop sharply this year, led by commercial and industrial customers, according to the Energy Information Administration. But a thornier financial issue for utilities might be the fact that businesses and households will stop paying their bills as they face financial hardship. Many utilities have stopped shutting off electricity to...

Source: Wall Street Journal May 04, 2020 11:03 UTC