Utility Trio: Income Experts' Power Plays
"Rising demand for electricity has been among the surest trends on which you could bet for the past 100 years;" says utility sector and income expert Roger Conrad.
The contributing editor to Personal Finance explains, "That's money in the bank for the companies that produce and distribute power, including these three Income Portfolio power plays: Dominion Resources (NYSE: D), Southern Company (NYSE: SO), and Xcel Energy (NYSE: XEL).
"After a dip in 2008-09, Americans' power use is climbing again, as more and more electricity-using devices become essential to modern life.
"The trick is earning a fair return on their investment -- no mean feat in an election-year economy with stubbornly high unemployment.
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