Tag: Xcel Energy
Xcel legal fight could force customers to pay more for exec pay
The utility balked after Minnesota regulators removed executive compensation costs from customers' bills
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...
Wisconsin utilities file for rate, profit hikes after Republicans ousted Huebner from PSC
A trio of Wisconsin utilities owned by WEC Energy Group is pushing to raise rates after Republican lawmakers ousted state utility regulator Tyler Huebner.
Xcel-funded group urges Minnesota regulators to increase profits for Xcel
Minnesota Utility Investors, a shareholder advocacy group, joins Xcel in pushing for PUC to reconsider rate case decision
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...
Colorado law prohibits utilities from spending ratepayer money on politics
A new law in Colorado prohibits investor-owned utility companies from using ratepayer money to fund trade associations, promotional advertising, certain kinds of lobbying, and other political influence activities. The Colorado...
New bill aims to stop Colorado utilities from spending ratepayer money on politics
A new bill in Colorado would stop investor-owned utility companies from using ratepayer money to fund lobbying, trade associations, promotional advertising, and other political influence efforts. Colorado Senate President Steve...
Xcel pushing measure that has raised gas bills in Minnesota, scrapped in other states
Xcel Energy is fighting the scheduled sunset of a Minnesota law that enables utilities to charge customers hundreds of millions of dollars for fossil gas infrastructure upgrades without standard regulatory...
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...