Results for: first%20energy

Utility CEOs received $2.7 billion in executive compensation from 2017 – 2021

Investor-owned electric and gas utilities paid their CEOs $2.7 billion between 2017 and 2021, according to corporate data reviewed by the Energy and Policy Institute. CEOs for the 58 companies...

/ January 8, 2023

Major investors find electric utilities are not on track to meet decarbonization goals

Electric utilities are failing to align their businesses with the Paris climate agreement goals and investors’ expectations, according to a new scorecard of major emitting companies. The Climate Action 100+...

/ March 23, 2021
Utility Corruption

Utility CEOs received over $1 billion in executive compensation from 2017 – 2019

Investor-owned utilities' CEO compensation was up 26% in 2019 over 2018.

/ April 27, 2020

Potomac Edison faces Maryland audit after admitting it charged customers for FirstEnergy’s bribes and lobbying 

Maryland utility regulators ordered a new audit of Potomac Edison last week, after the FirstEnergy-owned utility admitted in a rate case that it owes nearly $1.7 million in refunds to...

/ October 26, 2023

As Rate Case Approached, Avangrid’s CEO Tried to Improperly Influence CT’s Utility Regulator, Documents Allege

Shortly before requesting a substantial rate increase in August of 2022, the CEO of Avangrid, which owns gas and electric utilities in Connecticut, tried to improperly influence the state’s top...

/ January 23, 2024

Who’s who in former PUCO chairman Samuel Randazzo’s indictment? 

A federal grand jury has indicted former Public Utilities Commission of Ohio chairman Samuel Randazzo on bribery and fraud charges.  FirstEnergy is not named in the indictment, which was unsealed...

/ December 4, 2023

Alabama Commission President Misleads Legislative Review Committee about Alabama Power’s High Rate of Profit

Alabama’s top utility regulator, Twinkle Cavanaugh, falsely implied to a state legislative review committee late last month that the Alabama Public Service Commission had more than halved the amount of...

/ October 16, 2023

Legislation introduced by Rep. Kathy Castor instructs FERC to ban utilities from using ratepayer dollars for political activities

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

/ August 2, 2023
Utility Corruption

As Householder trial begins, EPI releases guide for policymakers to protect ratepayers from utility scandals

State and federal policymakers can adopt a series of policy changes that would ban utilities from charging customers for their political operations and make it harder for them to conduct...

/ January 26, 2023

Shelby Green

Shelby Green Shelby Green is a Research Fellow at Essential Information, a non-profit dedicated to providing information to the public on important policy topics and encouraging public participation. She’s working...

/ November 16, 2021