Investor-owned utilities paid their CEOs over $1 billion between 2017 and 2019, according to recently filed corporate data reviewed by the Energy and Policy Institute. The companies offered their CEOs nearly $450 million in compensation in 2019, a raise of nearly 26% over the previous year. The average compensation for the CEOs was approximately $11 million in 2019. Southern … [Read more...] about Utility CEOs received over $1 billion in executive compensation from 2017 – 2019
As DTE and Consumers Energy Appear to Ignore Industry Suspension Pledge, Michigan PSC Opens Coronavirus Docket and Orders Utilities To Report Current Disconnect Data
The Michigan Public Service Commission opened a docket last week to review regulated utilities’ responses to the coronavirus pandemic. The opening of the docket, along with an order requiring utilities to report the number of currently disconnected customers, comes five weeks after Governor Whitmer declared a state of emergency across the state. In that timespan, … [Read more...] about As DTE and Consumers Energy Appear to Ignore Industry Suspension Pledge, Michigan PSC Opens Coronavirus Docket and Orders Utilities To Report Current Disconnect Data