Regulatory lag, changes in gas costs, potential for accidents and liabilities, increased competition from alternative energy sources, workforce shortages, natural disasters, cyberattacks, adverse weather, and fluctuating interest rates. Limited access to credit markets could increase borrowing costs and negatively impact ratings. Economic downturns could affect customer collections and gas demand.
Financial Upside
Successful rate outcomes, positive rate adjustments, customer growth, and increased industrial load are potential income drivers. Long-term debt and equity financing, forward sales agreements, and available credit facilities provide liquidity. Favorable regulatory changes, such as property tax reductions and improved bad debt recovery mechanisms, can boost income.
