| Title: | Summary: Pascoag Utility District, Rhode Island; Retail Electric |
| Price: | $175.00 |
| Publication Date: | May 01, 2008 |
| Report Type: | Summary |
| Abstract: | Standard and Poor's Ratings Services assigned its 'A-' issuer credit (ICR) rating to Pascoag Utility District (PUD), R.I.'s electric utility system. The outlook is stable. The ICR reflects the following credit factors: A small electric distribution utility, with a primarily residential customer base, and modest concentration among leading users; Regulatory oversight by the Rhode Island Public Utility Commission (RIPUC), which can potentially result in cost recovery lags (although the RIPUC has historically taken timely and supportive actions on Pascoag's filings); A generally diverse supply of purchased power under contracts of varying length; Competitive retail rates; and Adequate coverage of fixed obligations, thin liquidity, and manageable capital needs. PUD, located in northeastern Rhode Island, is the state's only public power utility, |
| Brief Excerpt: | RESEARCH Ratings Definitions Summary: Pascoag Utility District, Rhode Island; Retail Electric Publication date: ##-May-#### Primary Credit Analyst: Jeffrey Panger, New York (#) ###-###-####; jeff_panger@standardandpoors.com Secondary... |
| Word Count: | 1002 |
| Issuer: | Pascoag Util Dist |
| Sector: | Global Issuers, Public Finance, Utilities |
| Country: | United States |
| Region: | United States |
| Format: | 
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