New York, October 19, 2015 -- New York's signature energy plan "Reforming the Energy Vision" (REV) seeks to transform the state's energy distribution system toward cleaner and more local power, and will change its utilities' business model and regulatory framework, according to Moody's Investors Service. Although REV presents some uncertainty for the long-term risk profile of the state's electric utilities, Moody's says REV will likely be credit-neutral at best.

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