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HfS Industry Health Dashboard: Utility Industry
The economic environment has been tough for utilities. Flat demand has led to slow revenue growth or even declines in revenues. Utilities across the globe are looking at mergers and acquisitions and split-offs as answers to the challenging environment. What is the impact on the industry’s health?
It is hard to find an industry with more challenges than the utility industry. The list of challenges the utility industry has to deal with now and in the near future is almost endless. Economic, societal, market, political, and regulatory pressures are coming together, bringing immense challenges for companies to solve through more effective and lower cost operations. The utilities industry has encountered different disruptive forces over the last few decades and now faces a new wave of impactful forces.
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