In a land far, far away from load shedding, we find the US utilities sector. These are listed companies that are keeping the lights on in North America – literally! Known for defensive cash flows and ideally some underlying growth as well, this is a way to diversify equity exposure in portfolios that are inevitably tilted significantly towards the tech sector. NextEra Energy is the standard bearer in this space, claiming the highest allocation in most utility sector ETFs. If you’re looking to buy-and-forget in this space, does it make sense to buy the sector stalwart?