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Pollution Payday: Analysis of executive compensation and incentives of the largest U.S. investor-owned utilities
[…] is using misleading financial metrics to determine executive compensation? Yes. Eversource excluded the failed Northern Pass Transmission (NPT) Project when it awarded its executives in excess of the company’s...
Mike DeWine met with Larry Householder early on in racketeering conspiracy
[…] that flowed to Generation Now starting in 2017, when FirstEnergy was already aggressively lobbying to pass legislation to subsidize the Davis-Besse and Perry nuclear power plants in Ohio. FirstEnergy...
Four major Ohio utilities shut off customers’ electricity 200,000 times during COVID-19 pandemic
[…] Commission’s Division of Enforcement seeking “documents relating to the benefits to the company from the passage of H.B. 6 and documents relating to our financial processes and controls.” Former...
New records suggest Alabama Power paid millions to shadowy consulting groups involved in scandals throughout the Southeast
[…] due to what he believed were Alabama Power’s excessive profits, saying, “They’ve had a free pass for the last 30 years. That’s what the problem is. It’s time to...
Utility Carbon Targets Reflect Decarbonization Slowdown In Crucial Next Decade
Many of the nation's largest utilities are planning to slow down their efforts to decarbonize, according to the companies' own goals.
Getting Politics Out of Utility Bills
[…] new ideas in three complementary categories that policymakers can adopt to protect customers. Policymakers should pass tighter, updated rules to prevent utilities from using ratepayer money for any political...
AEP admits in court: Its corporate accountability reports are mere “puffery”
[…] Institute and International Brotherhood of Electrical Workers gave FirstEnergy an award for its campaign to pass HB 6, just a few months before federal criminal charges filed against former...
Xcel-funded group urges Minnesota regulators to increase profits for Xcel
[…] customers’ interests. The PUC set Xcel’s ROE at 9.25%, which means Xcel is allowed to pass the full cost of qualifying projects on to customers, then add up to...
Colorado law prohibits utilities from spending ratepayer money on politics
[…] 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...
American Legislative Exchange Council
[…] fossil fuel-funded member-based groups, such as Americans for Prosperity, put additional pressure on lawmakers to pass ALEC model bills. In total, EPI uncovered 14 ALEC-related or inspired model bills in...