# Utilities Financial Models

Canonical: https://finamodel.com/sectors/utilities

Building a utility network uses cash before customers pay for the investment through their bills. The allowed return and timing of rate adjustments determine how that spending becomes earnings. Competitive generators face a different exposure because market power prices influence what their output earns.

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- [Duke Energy](https://finamodel.com/companies/duke-energy)
- [NRG Energy](https://finamodel.com/companies/nrg-energy)
- [Southern](https://finamodel.com/companies/southern)
- [NextEra Energy](https://finamodel.com/companies/nextera-energy)
- [PG&E](https://finamodel.com/companies/pg-e)
- [Exelon](https://finamodel.com/companies/exelon)
- [Constellation Energy](https://finamodel.com/companies/constellation-energy)
- [American Electric Power](https://finamodel.com/companies/american-electric-power)
- [Edison International](https://finamodel.com/companies/edison-international)
- [Sempra](https://finamodel.com/companies/sempra)
- [Consolidated Edison](https://finamodel.com/companies/consolidated-edison)
- [Vistra](https://finamodel.com/companies/vistra)
- [Dominion Energy](https://finamodel.com/companies/dominion-energy)
- [FirstEnergy](https://finamodel.com/companies/firstenergy)
- [AES](https://finamodel.com/companies/aes)
- [Entergy](https://finamodel.com/companies/entergy)
- [Eversource Energy](https://finamodel.com/companies/eversource-energy)
- [Public Service Enterprise Group](https://finamodel.com/companies/public-service-enterprise-group)
- [WEC Energy Group](https://finamodel.com/companies/wec-energy-group)
- [CenterPoint Energy](https://finamodel.com/companies/centerpoint-energy)
- [PPL](https://finamodel.com/companies/ppl)
- [Ameren](https://finamodel.com/companies/ameren)
- [CMS Energy](https://finamodel.com/companies/cms-energy)
- [NiSource](https://finamodel.com/companies/nisource)

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