Utility companies are well known for their solid dividends, and both Duke Energy stock (NYSE:DUK) and b stock (NYSE:ED) are no different. Duke Energy stock pays a dividend of 4.5% and ConEd pays 4.3%, but it's the future of these two companies that investors must consider. As both face anemic growth in electricity demand, each must make choices about how to remain competitive.
In the following video, Fool.com contributor Doug Ehrman discusses how Duke Energy stock will be affected by its decisions regarding nuclear energy and how Consolidated Edison stock will be affected by a move toward solar.
Fool contributor Doug Ehrman and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.