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MarketBeat
MarketBeat
Jordan Chussler

The Utilities Stock at the Center of AI and Rising Electric Bills

Dominion Electricity Virginia Amazon MarketBeat United States

Even for Americans living outside of the service areas of giant utilities companies, they’ve earned a reputation for market dominance. NextEra Energy (NYSE: NEE), Southern Company (NYSE: SO), and Duke Energy (NYSE: DUK) command a collective market cap of $344.24 billion and have been reliable investments.  

Dominion Energy (NYSE: D) has a market cap of nearly $50 billion—roughly half of any of those big three—but its burgeoning role in the AI energy landscape, hefty dividend yield, and 3.6 million homes and businesses serviced across Virginia and the Carolinas has made it just as popular.   

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