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0 0 0 0 0.0274482025854437 0.0279794581193555 0.0309013635558705 0.0203647954666194
Stock impact report

Data centers might cost us now, but they could pay off later | Opinion [Yahoo! Finance]

WEC Energy Group, Inc. (WEC) 
Last wec energy group, inc. earnings: 1/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: wecenergygroup.com/invest/investor.htm
Company Research Source: Yahoo! Finance
the public about the equities of utility finance and what ATC ( American Transmission Company ) is doing to make the AI revolution work for everyone. ATC uses an accounting practice known as Construction Work in Progress (CWIP) in financing new transmission projects. In their op-ed, the authors, University of Tulsa professors Jason Walter and Eric Olson claim this practice is equivalent to paying your neighbor's mortgage and waiting a decade to get paid back. They have the wrong construction analogy. CWIP is more like how you pay for an addition on your house. The contractor often gets a third of the payment upon signing of the contract, a third when construction begins and a third when the job is finished. Technically, you don't have a product when you make the first two payments, other than the contractor's legal obligation to finish the job. With CWIP, consumers do start to pay for transmission infrastructure before construction is complete, but they ultimately pay less in rate Show less Read more
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