New York, September 16, 2015 -- US utilities will face higher borrowing costs as interest rates rise, a credit negative, according to Moody's Investors Service in "What Rising Interest Rates Would Mean for US Utilities." Most utilities, however, are insulated from rising rates by longer-dated debt maturities, the ability to recover costs and the general expectation that rates will rise slowly during the next 12-18 months.
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