In this article, we will take a look at some of the best regulated electric stocks. On May 21, Reuters reported that U.S. energy storage developers installed a record 9.7 gigawatt-hours of new capacity during the first quarter ending March 2026. This marked a 32% increase from a year earlier, despite underlying challenges facing the clean energy sector.
According to a report by the Solar Energy Industries Association (SEIA) and Benchmark Mineral Intelligence, demand for energy storage is being driven by the growing power needs of data centers, electricity price volatility, and supply disruptions across global gas and gas turbine markets. Major technology companies have also announced large-scale energy storage procurement agreements to support data centers for artificial intelligence.
Reuters also highlighted ongoing challenges for clean energy development, including tariff pressures and approval delays for key projects. It noted that approvals for 467 solar and storage projects remain pending, and could ultimately be postponed or canceled. Despite this, more than 610 GWh of energy storage capacity is estimated to be added by 2030.
SEIA said energy storage can help improve grid reliability, lower electricity costs, and protect consumers from fuel price shocks. With that background, let’s explore our 11 Best Regulated Electric Stocks to Buy Now.
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Our Methodology
To identify relevant stocks for this article, we screened U.S.-listed regulated electric companies with market capitalizations above $2 billion. Also, we only shortlisted stocks with at least 10% upside potential, according to consensus, as of the June 4 close. Finally, we selected 11 stocks with the highest upside and ranked them in ascending order.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
11. WEC Energy Group Inc. (NYSE:WEC)
WEC Energy Group Inc. (NYSE:WEC) is one of the 11 best regulated electric stocks to buy now.
As of June 4 closing, consensus sentiment around WEC Energy Group Inc. (NYSE:WEC) was moderately bullish. 5 of the 12 analysts who provided coverage assigned Buy ratings to the stock, while 6 analysts gave Hold calls. With 1 Sell rating, the stock has a median one-year target price of $123.92, implying double-digit upside potential at the prevailing level.
On May 18, ahead of the American Gas Association’s financial forum, Truist Financial analyst Richard Sunderland revised his price target for WEC Energy Group Inc. (NYSE:WEC) down to $119 from $124. The analyst maintained a Hold rating on the shares.
He noted that sector investment and overall growth expectations continue to move upward since the market is in its third year of the data center wave. Sunderland highlights that vertically integrated electric utilities are positioned as clear winners due to their specific role in building out the infrastructure needed to handle this load growth.
WEC Energy Group Inc. (NYSE:WEC) sells regulated natural gas and electricity, and renewable and non-regulated energy services across the U.S. market. It generates power from solar, hydroelectric, coal, natural gas, oil, nuclear, wind, and biomass. The company also owns electric transmission systems and distributes steam.
