Utility companies are well known for their solid dividends, and both Duke Energy stock (DUK -0.12%) and b stock (ED 1.05%) 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.