Utility Stocks Set to Thrive in the AI Era with Potential for Faster Earnings and Dividend Growth.

AI data centers require more electricity, making utilities key players in the AI age. Utilities like NextEra Energy and Dominion Energy are well-positioned to capitalize on the AI boom due to their strategic locations and infrastructure investments. NextEra Energy's Florida Power & Light has a state sales tax exemption and approved large load tariff, while Dominion Energy's electric utility in Virginia is one of the world's largest data center markets. These utilities are expected to grow their earnings and dividends at faster rates, leading to powerful total returns for investors.