3 Electric Utility Stocks To Buy Now

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NextEra Energy, Inc. (NEE)

Focused on renewable energy, this company is one of the largest producers of wind and solar power globally. With significant investments in clean energy infrastructure, it aims to lead the transition to sustainable power sources.

Their operations also include electricity generation and distribution, making them an essential player in the U.S. energy market. The company is positioned to benefit from increasing demand for renewable energy and favorable regulatory policies supporting clean energy initiatives.

Southern Company (SO)

Serving customers across the southeastern U.S., this utility giant is a major provider of electric and natural gas services. Known for its diversified energy mix, it combines traditional generation with a growing focus on renewables like solar and nuclear.

The company is committed to reducing its carbon footprint while ensuring reliable and affordable energy. Its initiatives include modernizing the power grid and advancing clean energy projects to meet future demand and regulatory expectations.

American Electric Power Co., Inc. (AEP)

As one of the largest electric utilities in the U.S., this company is responsible for delivering electricity to millions of customers. It is focused on upgrading its infrastructure to improve grid reliability and expand its renewable energy capacity.

The company aims to reduce emissions by transitioning away from coal and increasing investments in wind and solar energy. Its strategic initiatives align with the broader trend towards sustainability and energy efficiency across the utility sector.

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