Category: Utilities

Utility Executive Compensation

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
Utility Executive Compensation

Executive Compensation

Utility Executive Compensation As the first part of a two-part series exploring how the investor-owned electric utilities pay their executives, EPI collected data showing the executive compensation for 41 utility...

/ April 27, 2020

American Electric Power’s goal: 100% renewable energy?

Executives at American Electric Power say the major electric utility has “aspirational” goals of achieving 100% renewable energy and zero carbon emissions, but its current plans for the future include...

/ April 17, 2020
Southern Company CEO Tom Fanning on CNBC

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...

/ April 16, 2020

Energy Harbor reveals money, risks involved in Ohio bailout

Financial documents from Energy Harbor reveal new details about FirstEnergy Corp.’s involvement in the multi-million dollar political campaign behind Ohio’s law forcing consumers to bail out struggling coal and nuclear...

/ March 26, 2020

Reports find Vectren customers can save millions if renewables replace coal, but utility continues with coal investments

Morgan Stanley and Sierra Club analyses find Vectren has opportunity to benefit customers in upcoming energy plan filings

/ March 18, 2020

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...

/ March 17, 2020

LIVE: Utilities that have and have not suspended disconnects amid COVID-19

EPI is tracking the states that have binding protections against electricity disconnections and when the protections expire.

/ March 13, 2020

NextEra Energy Only Large Utility Company Without Absolute Carbon Reduction Goal

NextEra Energy, the parent company of Florida Power & Light and Gulf Power, recently touted an award it received from Fortune as the “World’s Most Admired” utility, along with another...

/ March 10, 2020