Tag: PG&E Corporation
As Customers Struggled, Utility CEOs’ Pay Spiked Last Year
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...
Utility CEOs received $3.2 billion in executive compensation from 2017 – 2022
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...
Getting Politics Out of Utility Bills
How policymakers can protect customers from being forced to fund utilities’ political machines
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...
Utility CEOs contribute personal money to help Republicans; Utility PACs also favor GOP
Analysis of federal campaign dollars in the 2020 election cycle
Utility CEOs received over $1 billion in executive compensation from 2017 – 2019
Investor-owned utilities' CEO compensation was up 26% in 2019 over 2018.
Duke Energy refuses to consider climate-related risk in North Carolina rate case
Utility enters testimony that contradicts emissions commitments, dodges questions about climate preparedness while seeking to recover grid costs.
Utility Industry Contributions to Section 527 Political Organizations
Over 70 investor-owned utility holding companies and their subsidiaries have contributed more than $85 million from 2008 through 2024 to the Republican Governors Association, Republican Attorneys General Association, Republican State Leadership...
Electric utilities working with oil and gas companies on ‘advocacy’ efforts to counter environmentalists
The electric utility industry, through its trade association the Edison Electric Institute, has begun working with three other fossil fuel groups to push back against organizations that oppose increased natural...
Paying for Utility Politics: How ratepayers are forced to fund the Edison Electric Institute and other political organizations
The Edison Electric Institute is an inherently political organization, and a powerful one. At $90 million, its budget is the highest it has been in over a decade – a budget...