Concentric Energy Advisors releases research detailing how authorized utility returns impact financing costs and the resulting long-term price trajectory for customer utility bills.
Concentric Energy Advisors published a Nov. 5, 2026 analysis of the share of customer bills tied to utility returns and how changes in authorized ROE affect utilities' financing costs. The release names no company, gives no figures and takes no position on whether returns will rise or fall, so it does not by itself shift the earnings outlook for regulated US utilities.
A new analysis from Concentric Energy Advisors explores the complex relationship between authorized return on equity (ROE) and utility financing costs. The research highlights how adjustments to utility returns directly influence the long-term financial burden placed on end-use customers.
Authorized ROE influences the cost of capital for utilities; higher returns can attract investment but increase immediate rates, while lower returns may impact a utility's ability to finance infrastructure efficiently, potentially raising long-term costs.