Sectors & IndustriesUtilities
Best Utility Stocks to Buy Now (2025)
Top utility stocks in 2025 ranked by overall Due Diligence Score. See the best utility stocks to buy now, according to analyst forecasts for the utilities sector.

Sector: Utilities
Ticker
Company
Exchange
Industry
Zen Rating
Market Cap
Price
1d %
EBITDA
P/E
D/E
Country
DD Score
KEP
KOREA ELECTRIC POWER CORP
NYSE
Utilities - Regulated Electric
$21.29B$16.58-2.98%$18.65B8.72x5.15
Republic Of Korea
GNE
GENIE ENERGY LTD
NYSE
Utilities - Regulated Electric
$375.17M$14.16-3.28%$8.68M70.80x1.03
United States
CWCO
CONSOLIDATED WATER CO LTD
NASDAQ
Utilities - Regulated Water
$541.82M$34.01-0.85%$26.12M32.08x0.14
Cayman Islands
UTL
UNITIL CORP
NYSE
Utilities - Diversified
$859.91M$48.000.08%$182.10M16.61x2.26
United States
ENIC
ENEL CHILE SA
NYSE
Utilities - Regulated Electric
$5.27B$3.81-1.04%$440.98M34.02x1.49
Chile
EIX
EDISON INTERNATIONAL
NYSE
Utilities - Regulated Electric
$22.13B$57.50-1.57%$8.87B7.51x4.15
United States
AES
AES CORP
NYSE
Utilities - Diversified
$9.81B$13.770.36%$3.91B8.61x10.96
United States
AVA
AVISTA CORP
NYSE
Utilities - Diversified
$3.31B$40.67-0.54%$644.72M17.23x2.09
United States
UGI
UGI CORP
NYSE
Utilities - Regulated Gas
$7.49B$34.84-0.23%$1.39B18.34x2.15
United States
PCG
PG&E CORP
NYSE
Utilities - Regulated Electric
$34.55B$15.72-2.66%$9.72B13.21x3.32
United States
POR
PORTLAND GENERAL ELECTRIC CO
NYSE
Utilities - Regulated Electric
$5.48B$48.68-0.27%$1.15B17.70x2.30
United States
HE
HAWAIIAN ELECTRIC INDUSTRIES INC
NYSE
Utilities - Regulated Electric
$1.93B$11.16-2.11%$443.57M7.91x4.61
United States
NWN
NORTHWEST NATURAL HOLDING CO
NYSE
Utilities - Regulated Gas
$1.96B$47.11-0.95%$476.06M18.55x2.26
United States
RGCO
RGC RESOURCES INC
NASDAQ
Utilities - Regulated Gas
$217.66M$21.08-3.35%$35.38M16.09x1.79
United States
EXC
EXELON CORP
NASDAQ
Utilities - Regulated Electric
$46.03B$45.56-1.77%$8.94B16.27x3.04
United States
AXIA
AXIA ENERGIA
NYSE
Utilities - Regulated Electric
$22.41B$11.33-1.39%$4.52B14.43x1.38
Brazil
FE
FIRSTENERGY CORP
NYSE
Utilities - Regulated Electric
$26.71B$46.24-0.79%$5.81B20.19x3.26
United States
GEV
GE VERNOVA INC
NYSE
Utilities - Renewable
$161.54B$595.377.29%$3.56B95.72x5.17
United States
ES
EVERSOURCE ENERGY
NYSE
Utilities - Regulated Electric
$24.48B$65.26-12.45%$4.23B17.98x2.85
United States
SWX
SOUTHWEST GAS HOLDINGS INC
NYSE
Utilities - Regulated Gas
$5.70B$79.03-0.58%$1.19B12.27x1.63
United States
NGG
NATIONAL GRID PLC
NYSE
Utilities - Regulated Electric
$78.11B$76.09-1.86%$17.23B5.71x1.82
United Kingdom
AWR
AMERICAN STATES WATER CO
NYSE
Utilities - Regulated Water
$2.77B$71.50-1.19%$258.54M21.22x1.63
United States
AQN
ALGONQUIN POWER & UTILITIES CORP
NYSE
Utilities - Renewable
$4.57B$5.95-1.16%$877.65M-198.33x1.88
Canada
CWT
CALIFORNIA WATER SERVICE GROUP
NYSE
Utilities - Regulated Water
$2.63B$44.13-1.93%$358.73M19.27x2.24
United States
TLN
TALEN ENERGY CORP
NASDAQ
Utilities - Independent Power Producers
$17.84B$390.514.19%$733.00M76.27x3.15
United States
NRG
NRG ENERGY INC
NYSE
Utilities - Independent Power Producers
$32.35B$168.801.41%$3.33B24.68x11.17
United States
TAC
TRANSALTA CORP
NYSE
Utilities - Independent Power Producers
$4.30B$14.480.42%$572.86M-31.68x4.75
Canada
CTRI
CENTURI HOLDINGS INC
NYSE
Utilities - Regulated Gas
$1.78B$20.050.35%$245.49M501.25x2.71
United States
D
DOMINION ENERGY INC
NYSE
Utilities - Regulated Electric
$51.40B$60.19-2.05%$7.30B22.38x2.88
United States
ARTNA
ARTESIAN RESOURCES CORP
NASDAQ
Utilities - Regulated Water
$321.05M$31.13-1.52%$52.83M14.21x2.35
United States
SBS
COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP
NYSE
Utilities - Regulated Water
$17.57B$25.710.86%$3.27B10.65x1.19
Brazil
ED
CONSOLIDATED EDISON INC
NYSE
Utilities - Regulated Electric
$36.23B$100.38-2.46%$6.05B17.49x1.97
United States
PPL
PPL CORP
NYSE
Utilities - Regulated Electric
$26.30B$35.55-2.58%$3.51B24.02x2.05
United States
SR
SPIRE INC
NYSE
Utilities - Regulated Gas
$5.03B$85.16-1.16%$833.70M19.40x2.42
United States
PAM
PAMPA ENERGY INC
NYSE
Utilities - Independent Power Producers
$4.86B$89.310.48%$683.00M7.77x0.93
Argentina
BKH
BLACK HILLS CORP
NYSE
Utilities - Diversified
$5.26B$69.69-0.85%$805.30M17.55x1.72
United States
SPH
SUBURBAN PROPANE PARTNERS LP
NYSE
Utilities - Regulated Gas
$1.20B$18.55-0.43%$240.99M12.79x2.57
United States
OTTR
OTTER TAIL CORP
NASDAQ
Utilities - Diversified
$3.42B$81.73-0.27%$485.25M12.25x1.10
United States
SRE
SEMPRA
NYSE
Utilities - Diversified
$59.41B$91.02-0.63%$7.04B27.92x2.20
United States
CEG
CONSTELLATION ENERGY CORP
NASDAQ
Utilities - Renewable
$111.64B$357.485.34%$6.76B40.90x2.88
United States
AEE
AMEREN CORP
NYSE
Utilities - Regulated Electric
$27.86B$102.99-1.82%$3.82B19.69x2.70
United States
PEG
PUBLIC SERVICE ENTERPRISE GROUP INC
NYSE
Utilities - Regulated Electric
$40.49B$81.11-1.52%$4.48B19.40x2.35
United States
OGS
ONE GAS INC
NYSE
Utilities - Regulated Gas
$4.89B$81.430.04%$855.23M18.89x1.67
United States
ORA
ORMAT TECHNOLOGIES INC
NYSE
Utilities - Renewable
$6.62B$108.981.34%$534.25M49.31x1.37
United States
BIPC
BROOKFIELD INFRASTRUCTURE CORP
NYSE
Utilities - Regulated Gas
$5.23B$43.96-2.48%$2.08BN/A-18.16
United States
VST
VISTRA CORP
NYSE
Utilities - Independent Power Producers
$60.70B$179.142.71%$5.25B63.08x6.30
United States
PCYO
PURE CYCLE CORP
NASDAQ
Utilities - Regulated Water
$264.65M$10.99-0.36%$20.19M20.35x0.14
United States
CNP
CENTERPOINT ENERGY INC
NYSE
Utilities - Regulated Electric
$25.86B$39.61-0.95%$3.58B25.07x3.08
United States
DGXX
DIGI POWER X INC
NASDAQ
Utilities - Independent Power Producers
$154.81M$3.46-13.28%-$3.09M-10.48x0.16
Canada
KEN
KENON HOLDINGS LTD
NYSE
Utilities - Independent Power Producers
$3.02B$57.900.66%$727.91M6.17x1.25
Singapore
XEL
XCEL ENERGY INC
NASDAQ
Utilities - Regulated Electric
$47.13B$79.67-1.64%$5.82B24.22x2.74
United States
NRGV
ENERGY VAULT HOLDINGS INC
NYSE
Utilities - Renewable
$535.25M$3.190.31%-$128.73M-3.43x2.50
United States
AEP
AMERICAN ELECTRIC POWER CO INC
NASDAQ
Utilities - Regulated Electric
$65.15B$121.71-1.46%$9.08B17.74x2.59
United States
RNW
RENEW ENERGY GLOBAL PLC
NASDAQ
Utilities - Renewable
$2.73B$7.520.27%$1.05B27.25x7.16
United Kingdom
HTO
H2O AMERICA
NASDAQ
Utilities - Regulated Water
$1.59B$44.44-3.33%$315.46M14.11x2.29
United States
CMS
CMS ENERGY CORP
NYSE
Utilities - Regulated Electric
$28.34B$72.95-1.78%$3.85B20.90x3.22
United States
MNTK
MONTAUK RENEWABLES INC
NASDAQ
Utilities - Diversified
$245.39M$1.73-0.86%$20.61M-28.75x0.47
United States
EMA
EMERA INC
NYSE
Utilities - Regulated Electric
$14.47B$48.36-1.21%$2.40B18.30x2.25
Canada
FTS
FORTIS INC
NYSE
Utilities - Regulated Electric
$25.94B$51.51-0.96%$2.84B21.46x1.99
Canada
DUK
DUKE ENERGY CORP
NYSE
Utilities - Regulated Electric
$95.05B$122.23-1.27%$16.52B19.22x2.71
United States
FLNC
FLUENCE ENERGY INC
NASDAQ
Utilities - Renewable
$3.07B$16.81-1.23%$12.96M-129.31x3.82
United States
OPAL
OPAL FUELS INC
NASDAQ
Utilities - Regulated Gas
$373.67M$2.16-9.83%$22.40M107.75x58.02
United States
MGEE
MGE ENERGY INC
NASDAQ
Utilities - Regulated Electric
$2.95B$80.86-1.58%$300.05M21.85x1.31
United States
BIP
BROOKFIELD INFRASTRUCTURE PARTNERS LP
NYSE
Utilities - Diversified
$16.14B$34.94-0.09%$9.23B52.15x16.61
Bermuda
EDN
EDENOR
NYSE
Utilities - Regulated Electric
$1.47B$32.443.15%$626.75M5.83x1.64
Argentina
OGE
OGE ENERGY CORP
NYSE
Utilities - Regulated Electric
$8.88B$44.08-0.14%$1.43B17.63x1.97
United States
IDA
IDACORP INC
NYSE
Utilities - Regulated Electric
$6.82B$126.23-0.68%$746.34M21.58x1.89
United States
NI
NISOURCE INC
NYSE
Utilities - Regulated Gas
$20.38B$42.70-0.84%$2.81B22.36x2.54
United States
DTE
DTE ENERGY CO
NYSE
Utilities - Regulated Electric
$28.05B$135.05-1.48%$4.23B20.25x3.28
United States
SUUN
POWERBANK CORP
NASDAQ
Utilities - Renewable
$59.36M$1.62-5.81%-$19.00M-2.39x4.78
Canada
WAVE
ECO WAVE POWER GLOBAL AB (PUBL)
NASDAQ
Utilities - Renewable
$42.51M$7.28-2.28%N/A-12.13x0.40
Sweden
HTOO
FUSION FUEL GREEN PLC
NASDAQ
Utilities - Renewable
$2.62M$3.51-0.28%-$7.65M-0.23x1.93
Ireland
YORW
YORK WATER CO
NASDAQ
Utilities - Regulated Water
$449.21M$31.12-1.67%$43.29M22.39x1.80
United States
CWEN
CLEARWAY ENERGY INC
NYSE
Utilities - Renewable
$7.34B$36.00-0.58%$1.43B15.38x5.02
United States
EVRG
EVERGY INC
NASDAQ
Utilities - Regulated Electric
$17.41B$75.62-1.45%$2.63B20.55x2.25
United States
ATO
ATMOS ENERGY CORP
NYSE
Utilities - Regulated Gas
$28.12B$173.92-0.74%$2.38B23.07x1.08
United States
ETR
ENTERGY CORP
NYSE
Utilities - Regulated Electric
$41.99B$94.03-0.43%$6.17B22.77x3.19
United States
SO
SOUTHERN CO
NYSE
Utilities - Regulated Electric
$98.05B$89.05-1.81%$14.32B21.99x3.00
United States
NJR
NEW JERSEY RESOURCES CORP
NYSE
Utilities - Regulated Gas
$4.64B$46.15-0.50%$860.37M11.17x2.00
United States
CPK
CHESAPEAKE UTILITIES CORP
NYSE
Utilities - Regulated Gas
$3.21B$135.54-0.32%$348.10M23.86x1.54
United States
XIFR
XPLR INFRASTRUCTURE LP
NYSE
Utilities - Renewable
$858.85M$9.14-1.19%$662.00M-4.99x2.58
United States
LNT
ALLIANT ENERGY CORP
NASDAQ
Utilities - Regulated Electric
$17.28B$67.22-1.28%$2.02B21.14x2.37
United States
CDZI
CADIZ INC
NASDAQ
Utilities - Regulated Water
$502.82M$6.05-3.74%-$23.29M-12.35x3.62
United States
AWK
AMERICAN WATER WORKS COMPANY INC
NYSE
Utilities - Regulated Water
$24.80B$127.12-2.15%$3.24B22.34x2.19
United States
WEC
WEC ENERGY GROUP INC
NYSE
Utilities - Regulated Electric
$35.83B$110.16-1.29%$4.20B20.71x2.67
United States
PNW
PINNACLE WEST CAPITAL CORP
NYSE
Utilities - Regulated Electric
$10.62B$88.72-0.74%$2.08B17.92x2.30
United States
BEP
BROOKFIELD RENEWABLE PARTNERS LP
NYSE
Utilities - Renewable
$8.15B$28.58-0.03%$3.84B-33.23x20.90
Bermuda
NEE
NEXTERA ENERGY INC
NYSE
Utilities - Regulated Electric
$175.50B$84.27-0.44%$15.39B26.67x2.58
United States
ENLT
ENLIGHT RENEWABLE ENERGY LTD
NASDAQ
Utilities - Renewable
$4.44B$37.16-0.83%$459.74M20.99x3.52
Israel
GWRS
GLOBAL WATER RESOURCES INC
NASDAQ
Utilities - Regulated Water
$249.55M$8.682.12%$26.38M54.25x4.36
United States
ALE
ALLETE INC
NYSE
Utilities - Diversified
$3.91B$67.38-0.04%$546.50M23.48x1.34
United States
MSEX
MIDDLESEX WATER CO
NASDAQ
Utilities - Regulated Water
$895.80M$48.85-3.32%$93.16M20.44x1.78
United States
BEPC
BROOKFIELD RENEWABLE CORP
NYSE
Utilities - Renewable
$6.08B$41.98-1.11%$2.32BN/A-173.49
United States
SAFX
XCF GLOBAL INC
NASDAQ
Utilities - Renewable
$121.02M$0.76-0.13%-$118.43M0.56x77.37
United States
OKLO
OKLO INC
NYSE
Utilities - Regulated Electric
$16.07B$102.866.45%-$77.20M-190.48x0.03
United States
NFE
NEW FORTRESS ENERGY INC
NASDAQ
Utilities - Regulated Gas
$330.08M$1.162.65%-$128.99M-0.30x8.59
United States
NWE
NORTHWESTERN ENERGY GROUP INC
NASDAQ
Utilities - Diversified
$4.01B$65.34-0.73%$614.65M18.46x1.88
United States
TXNM
TXNM ENERGY INC
NYSE
Utilities - Regulated Electric
$6.29B$57.770.05%$934.62M33.78x2.49
United States
CEPU
CENTRAL PUERTO SA
NYSE
Utilities - Regulated Electric
$2.23B$14.720.68%$372.26M49.90x0.44
Argentina
CIG
ENERGY CO OF MINAS GERAIS
NYSE
Utilities - Diversified
$5.92B$2.07-2.82%$2.18B4.83x1.18
Brazil

Utility Industries

IndustryStocks1d %1w %1m %1y %DD ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
12-0.46%-2.51%+2.14%+2.37%25.84x1.84x+10.33%+2.76%+6.60%+1.56%Buy
7+2.63%+2.74%+0.47%+54.08%47.94x8.52x+28.21%+3.90%+9.86%+18.77%Strong Buy
40-1.31%-2.49%-4.87%+9.75%17.08x1.94x+12.29%+3.95%+5.68%+8.16%Buy
15-0.76%-2.03%-1.31%+8.47%28.89x2.02x+8.86%+3.20%+6.57%+5.06%Buy
13-1.84%-3.84%-9.87%-9.66%17.48x2.13x+14.55%+6.02%+11.19%+19.86%Buy
20+4.69%+0.95%-0.80%+48.60%59.84x7.55x+14.38%+3.34%+10.33%+10.09%Buy

Utility Stocks FAQ

What are the best utility stocks to buy right now in Nov 2025?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best utility stocks to buy right now are:

1. Korea Electric Power (NYSE:KEP)


Korea Electric Power (NYSE:KEP) is the #1 top utility stock out of 107 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Korea Electric Power (NYSE:KEP) is: Value: A, Growth: B, Momentum: A, Sentiment: C, Safety: B, Financials: C, and AI: A.

Korea Electric Power (NYSE:KEP) has a Due Diligence Score of 39, which is 6 points higher than the utility sector average of 33. It passed 16 out of 38 due diligence checks and has average fundamentals. Korea Electric Power has seen its stock return 90.79% over the past year, overperforming other utility stocks by 73 percentage points.

2. Genie Energy (NYSE:GNE)


Genie Energy (NYSE:GNE) is the #2 top utility stock out of 107 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Genie Energy (NYSE:GNE) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: B, Financials: B, and AI: C.

Genie Energy (NYSE:GNE) has a Due Diligence Score of 44, which is 11 points higher than the utility sector average of 33. It passed 17 out of 38 due diligence checks and has strong fundamentals. Genie Energy has seen its stock lose -9.52% over the past year, underperforming other utility stocks by -27 percentage points.

3. Consolidated Water Co (NASDAQ:CWCO)


Consolidated Water Co (NASDAQ:CWCO) is the #3 top utility stock out of 107 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Consolidated Water Co (NASDAQ:CWCO) is: Value: C, Growth: B, Momentum: B, Sentiment: A, Safety: C, Financials: B, and AI: C.

Consolidated Water Co (NASDAQ:CWCO) has a Due Diligence Score of 45, which is 12 points higher than the utility sector average of 33. It passed 16 out of 38 due diligence checks and has strong fundamentals. Consolidated Water Co has seen its stock return 30.01% over the past year, overperforming other utility stocks by 12 percentage points.

Consolidated Water Co has an average 1 year price target of $40.00, an upside of 17.61% from Consolidated Water Co's current stock price of $34.01.

Consolidated Water Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Consolidated Water Co, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the utility stocks with highest dividends?

Out of 68 utility stocks that have issued dividends in the past year, the 3 utility stocks with the highest dividend yields are:

1. Xplr Infrastructure (NYSE:XIFR)


Xplr Infrastructure (NYSE:XIFR) has an annual dividend yield of N/A, which is N/A percentage points lower than the utility sector average of 2.68%. Xplr Infrastructure's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Xplr Infrastructure's dividend has shown consistent growth over the last 10 years.

Xplr Infrastructure's dividend payout ratio of -50.1% indicates that its dividend yield might not be sustainable for the long-term.

2. Suburban Propane Partners (NYSE:SPH)


Suburban Propane Partners (NYSE:SPH) has an annual dividend yield of 5.26%, which is 3 percentage points higher than the utility sector average of 2.68%. Suburban Propane Partners's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Suburban Propane Partners's dividend has not shown consistent growth over the last 10 years.

Suburban Propane Partners's dividend payout ratio of 67.2% indicates that its high dividend yield is sustainable for the long-term.

3. Clearway Energy (NYSE:CWEN)


Clearway Energy (NYSE:CWEN) has an annual dividend yield of 4.83%, which is 2 percentage points higher than the utility sector average of 2.68%. Clearway Energy's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Clearway Energy's dividend has shown consistent growth over the last 10 years.

Clearway Energy's dividend payout ratio of 74.3% indicates that its high dividend yield is sustainable for the long-term.

Why are utility stocks up?

Utility stocks were up 0.44% in the last day, and down -1.2% over the last week. Ge Vernova was the among the top gainers in the utilities sector, gaining 7.29% yesterday.

GE Vernova shares are trading higher after the company announced its onshore wind repower upgrade agreement with Taiwan Power Company to supply 25 repower upgrade kits in Taiwan.

What are the most undervalued utility stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued utility stocks right now are:

1. Korea Electric Power (NYSE:KEP)


Korea Electric Power (NYSE:KEP) is the most undervalued utility stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Korea Electric Power has a valuation score of 71, which is 43 points higher than the utility sector average of 28. It passed 5 out of 7 valuation due diligence checks.

Korea Electric Power's stock has gained 90.79% in the past year. It has overperformed other stocks in the utility sector by 73 percentage points.

2. Aes (NYSE:AES)


Aes (NYSE:AES) is the second most undervalued utility stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Aes has a valuation score of 57, which is 29 points higher than the utility sector average of 28. It passed 4 out of 7 valuation due diligence checks.

Aes's stock has gained 0.15% in the past year. It has underperformed other stocks in the utility sector by -17 percentage points.

3. Edison International (NYSE:EIX)


Edison International (NYSE:EIX) is the third most undervalued utility stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Edison International has a valuation score of 43, which is 15 points higher than the utility sector average of 28. It passed 3 out of 7 valuation due diligence checks.

Edison International's stock has dropped -32.86% in the past year. It has underperformed other stocks in the utility sector by -50 percentage points.

Are utility stocks a good buy now?

47.3% of utility stocks rated by analysts are a buy right now. On average, analysts expect utility stocks to rise by 9.89% over the next year.

2.08% of utility stocks have a Zen Rating of A (Strong Buy), 3.13% of utility stocks are rated B (Buy), 76.04% are rated C (Hold), 14.58% are rated D (Sell), and 4.17% are rated F (Strong Sell).

What is the average p/e ratio of the utilities sector?

The average P/E ratio of the utilities sector is 27.07x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.