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Quick Take – Securitization in Utilities - Energy Consumers of the Carolinas
Securitization of costs or debts. Some utilities and states have it. Let’s describe what securitization is. Most simply: Turning utility costs into bonds. In finance, bonds are a kind of debt already, but not all debt is in the form of bonds. Securitization is being used when funds are needed “to smooth deregulation, reduce renewable …