NEW YORK–(BUSINESS WIRE)–Fitch Ratings’ stable outlook for the US utilities, power and gas sector reflects a continuation of a favorable macro backdrop for utilities, which includes a prolonged trough in natural gas prices, moderate ascension in interest rates and broadly supportive state regulation. Fitch expects elevated capex trends at electric utilities to temporarily subside, alleviating pressure on credit metrics. At the margin, however, negative rating pressure emanates from weak sales
