Exelon

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...

Maryland utilities Baltimore Gas and Electric (BGE) and Washington Gas wielded their influence over county officials in recent months in an attempt to halt the implementation of  local electrification policies, according to records obtained by the Energy and Policy Institute. State and local governments are exploring and adopting electrification policies across the country to cut...

The “Ethics in Energy Act” also aims to increase transparency and add penalties for noncompliance

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...