Five Utility ETFs for Growing Energy Demands
Tom Lydon submits:
No matter what you do in today’s world, you are using the goods and services provided by your local utility provider. As the country grows, greater demand for energy will likely provide a great opportunity for growth in utility ETFs, too.
Powered by coal, natural gas, nuclear energy and hydroelectric generators, the utilities sector is made up of electric power generation, transmission and distribution industries, according to the Bureau of Labor Statistics. Renewable sources is expanding, but electricity generated by renewables only makes up a small proportion.
