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Alabama Commission President Misleads Legislative Review Committee about Alabama Power’s High Rate of Profit
[…] allowable return when I got here. Today it is 5.65 to 6.05%, a very big difference.” But Alabama Power’s ROE has remained between 12-13 percent from 2013-2022, despite Cavanaugh’s...
As floodwaters rise in Southeast, Republicans divide on whether to name climate change as cause
[…] rising sea levels. Scientists project that hurricane intensity and precipitation levels will increase in a warmer climate. Local Republicans in flood-prone areas embrace climate science Unlike Gillespie or Scott,...
American Legislative Exchange CouncilConsumer Energy AllianceInstitute for Energy ResearchOil and Gas
Atlantic Offshore Drilling Plans Continue: Fossil Fuel Front Groups Meet Privately With Federal Agencies
[…] presented. CEA is run by a public relations firm called HBW Resources. In fact, CEA compensated HBW Resources $1.2 million in 2012 for “management & professional” services. HBW Resources...
The repeated effort by Ohio ALEC members to end the state’s clean energy law
[…] the Ohio Energy Mandates Study Internal emails reveal how ALEC, utility industry representatives, and front groups have been working to influence the members of the Ohio Energy Mandates Study...
TVA cuts “flexibility” promises to local power companies by 80%, enters into questionable contracts
[…] local utilities to sign a twenty-year, evergreen contract with the federal agency. After local power companies signed the contract, TVA changed the way it calculated the 5% “flexibility”, reducing...
Pollution Payday: Analysis of executive compensation and incentives of the largest U.S. investor-owned utilities
Download full report Eversource The total direct executive compensation for Eversource, a utility providing electric and gas service across Connecticut, Massachusetts, and New Hampshire, consists of three elements: 1) base...
Utility CEOs received $3.2 billion in executive compensation from 2017 – 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...
Law firm with Matrix connections conducted Southern Company’s internal investigation
A law firm that conducted Southern Company’s internal investigation into reports that a political consulting firm used by a Southern subsidiary directed private surveillance of Southern’s CEO – possibly with...
Nikki Fried calls for end to utilities’ energy efficiency programs while endorsing their proposed goals of zero
[…] more than $50,000 from utilities in campaign contributions in 2019. What is FEECA? Fried, Florida’s Commissioner of Agriculture, leads the Florida Department of Agriculture and Consumer Services (FDACS). FDACS...
Strings Attached: How utilities use charitable giving to influence politics and increase investor profits
Download full report Dominion Energy Dominion is a utility company that serves more than 5 million utility and retail energy customers, providing electric service in Virginia and North Carolina and...