Utilities are cash generators and as such they have to either spend it or pay taxes. paying taxes gets them nothing but the appreciation of a grateful government, for what thats worth. After expenses the payout to the shareholders gets them re elected to the position they hold.
This is only my opinion. You should research before you invest to limit your risk. When you invest in pinks its all risk and most fail, Never risk more the 10% of your holdings in pink sheet stocks! Howard Haftel