2 No-Brainer High Yield Utility Stocks to Buy Right Now
2025-05-28 04:40:00 ET
Stocks in the utility sector are known for providing investors with income and restful nights because of the regulated nature of the industry. But there's a change coming on the demand side of utilities that will help boost growth in what has long been a sleepy industry.
Here's why you might want to buy high-yield utility stocks like Dominion Energy (NYSE: D) and Black Hills (NYSE: BKH) right now.
In 2021, the Energy Information Administration put out a report saying it expected energy demand to increase by 22% between 2020 and 2040. That's a huge increase from the 9% growth in electricity demand experienced between 2000 and 2020. That 20-year estimate was raised again in 2024, jumping to 38% growth. And in 2025, the estimate rose again, to 55% growth.
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