Have you ever held a position in any other utility? I believe that if you look at the rest of the industry, D's debt level is pretty much in line. As a dollar amount, yes it's high, but that's how the industry works. It's nothing to get worked up over. Utilities have extremely predictable revenues/profits, and therefore, can easily carry a lot of debt without being overburdened by it. On the other hand, if you're going to lose sleep over it, you might as well sell it now. The returns aren't worth it.
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