NEW YORK--(BUSINESS WIRE)--Fitch Ratings has published the 2016 U.S. Public Power Peer Study and the Fitch Analytical Comparative Tool (FACT) - Public Power.
"Taken together, the peer study and the FACT facilitate a better understanding of the key credit metrics underpinning Fitch's U.S. public power analysis and provide enhanced functionality for market participants' own analysis of the sector," says Dennis Pidherny, Managing Director, U.S. Public Power.
Fitch's study contains operating and financial data for 134 Fitch-rated public power issuers including retail and wholesale utility systems, and rural electric cooperatives. It provides updated statistics and metrics for utilities with fiscal years ending Dec. 31, 2015, as well as revised medians to reflect updated statistics and rating actions taken through June 1, 2016.
The FACT provides a system overview and key rating information for each of the public power and cooperative issuers included in the peer study, as well as historical operational and financial information trend analysis. The FACT also features dynamic charting applications that allow the user to generate a graphic representation of an issuer's selected financial metrics against medians on a notch-specific rating basis within the same rating category (i.e. 'AA', 'A', 'BBB') or against the entire portfolio of Fitch-rated issuers. The analytical tool further provides the ability to compare trends in operational and financial data for up to three systems and against selected medians.
The full report, "U.S. Public Power Peer Study," and "Fitch Analytical Comparative Tool (FACT) - Public Power" are available at www.fitchratings.com or by clicking on the link above.
Additional information is available at www.fitchratings.com
U.S. Public Power (Peer Study)