Are S&P Global (SPGI) Utility Cost Warnings A New Risk For City Credit?

S&P Global (NYSE:SPGI) analysts flag rising utility bills as a new affordability pressure for US cities and residents. The research links higher electricity, water and heating charges to potential strain on municipal finances and local credit quality. S&P Global highlights affordable housing and sustainable debt instruments as areas where issuers and investors may see fresh issuance activity. Rising utility costs pressuring municipal finances is only one part of the wider S&P Global story…Read More