Southern Co

SO: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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US Utilities: Tariffs Raise Questions About Cost Passthroughs, Energy Demand, Interest Rates

Travis Miller

Apr 7, 2025

Utilities have limited direct exposure to tariffs announced by the Donald Trump administration, but falling energy demand or regulatory pushback to utilities' investment plans could slow earnings growth if economic conditions deteriorate.

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Southern Co

US Utilities: Tariffs Raise Questions About Cost Passthroughs, Energy Demand, Interest Rates

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