What sort of complex and sophisticated financial analysis do regulators use to determine the optimal return on equity for utilities? I think this piece gets it about right: "Dominion requested a higher return on equity of at least 10.40%, while the Data Center Coalition, the industry’s own trade group, argued for 8.90%. The commission split the difference and set 9.8%." 🤷♂️
https://www.latitudemedia.com/news/the-industry-cant-agree-on-what-ai-demand-risk-is-worth/