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PSC Chairman Lane's Column: What in the world is securitization? - West Virginia Daily News
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PSC Chairman Lane's Column: What in the world is securitization? - West Virginia Daily News
The word “securitization” is one you’re going to be hearing a lot more of if you pay attention to utility rates in West Virginia.The word involves a method to spread the cost of an item over a period of time, rather than requiring the buyer to pay the entire price up front. Think of it as a home mortgage. You buy a house for $100,000, but no one expects you to pay for that all at once.Instead, you allocate those payments to be made on a monthly …
·Lewisburg, United States
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