Atmos

While many Americans saw their energy bills go up substantially in the past year, investor-owned electric and gas utilities and the country’s largest publicly owned utility paid their CEOs over $647 million in 2023, an increase of 9 percent over 2022, an analysis by the Energy and Policy Institute has found. The CEOs for the...

Investor-owned electric and gas utilities paid their CEOs $3.2 billion between 2017 and 2022, according to corporate data reviewed by the Energy and Policy Institute. CEOs for the 57 companies reviewed for this analysis received more than $578 million in 2022. Total utility CEO compensation declined from last year, as it did for most other...

A new law in Colorado prohibits investor-owned utility companies from using ratepayer money to fund trade associations, promotional advertising, certain kinds of lobbying, and other political influence activities. The Colorado Senate voted 23-12 on Monday to pass the Utility Regulation Act, following a House vote of 46-19, and the bill is expected to be signed...

A new bill in Colorado would stop investor-owned utility companies from using ratepayer money to fund lobbying, trade associations, promotional advertising, and other political influence efforts.  Colorado Senate President Steve Fenberg introduced the bill on Tuesday, following a series of hearings held in March by the Joint Select Committee on Rising Utility Rates. In addition...