Utility Dive•5 months ago
Addressing utility payment delinquencies amid rising energy burden
- •Utilities are facing significant financial pressure due to a rise in customer payment delinquencies, impacting their revenue cycles and cash flow.
- •This financial strain could lead to utilities seeking rate increases or implementing stricter payment terms, directly affecting large power consumers.
- •Utilities are adopting 'preventive strategies' to stabilize their finances and support customers, which may involve new regulatory policies or programs.
financing