Tag: Southern Company
Utility CEOs received over $1 billion in executive compensation from 2017 – 2019
Investor-owned utilities' CEO compensation was up 26% in 2019 over 2018.
Tom Fanning Floats Misleading Updated Greenhouse Gas Goal
The updated greenhouse gas goal, as described by Fanning, would allow Southern Company to claim “net-zero” emissions by taking credit for transportation electrification, despite the company’s continued use of fossil...
Caught in patchwork of policies and pledges, some utility customers may still be awaiting electricity restoration or racking up fees
A mosaic of state policies and voluntary pledges has meant that the effects of missing a utility payment are playing out unevenly across the country.
Energy companies in U.S. Chamber silent as Chamber opposed use of Defense Production Act to produce medical supplies for COVID-19
But some energy companies in the Chamber have lobbied for using the DPA to bail out struggling coal plants instead
Mississippi Power Doubles Down on Uneconomic Coal Despite Southern Company’s “Low to No Carbon” Claim
Mississippi Power, a Southern Company subsidiary, is spending as much as $96.8 million to extend operations at the coal-fired Plant Daniel, despite the fact that the utility could save customers...
Morgan Stanley: Duke, other utilities ignoring profit opportunity by failing to decarbonize rapidly
Morgan Stanley analysts say utilities can grow earnings by accelerating coal-to-renewables switch, but some utilities are letting the opportunity slip away.
Southern Company Attempts to Block Public Input in Resource Planning; Entergy Joins in Mississippi
Southern Company and Entergy have been objecting to participation in regulatory proceedings such as integrated resource plans and certificates of public need.
Financial analysts expect decarbonization will benefit utility ratepayers and shareholders
Replacing coal with renewable energy could save customers $8 billion each year
Strings Attached: How utilities use charitable giving to influence politics and increase investor profits
Click to jump to the utility case studies. I. Introduction In the fall of 2017, a parade of paid actors, pretending to be concerned residents, lined up to offer public...
Strings Attached: How utilities use charitable giving to influence politics and increase investor profits
Download full report Southern Company Southern Company is a utility company that serves 4.68 million electric customers and 4.248 million gas customers across Alabama, Georgia, Mississippi, Tennessee, Virginia, and Illinois....