Energy and Policy Institute
Subpoenaed records detail FirstEnergy’s secret political spending to influence then-President Donald Trump. How FirstEnergy, one of America’s most corrupt utilities, secretly spent millions of dollars as it pursued a multi-billion-dollar federal bailout for its coal and nuclear plants during Donald Trump’s presidency,...
Reports - Energy and Policy Institute
Reports from the Energy and Policy Institute. Fueling the Opposition: How fossil fuel Interests are fighting to kill wind and solar farms before they are built, July 2024. Utility Industry Contributions to Section 527 Political Organizations, July 2024. Powerless in the U.S. – Utilities Shut Off Power 5.7 Million Times Since 2020, January 2023.
About - Energy and Policy Institute
The Energy and Policy Institute is a watchdog organization that exposes attacks on renewable energy and counters misinformation by fossil fuel and utility interests. We need to power the economy with clean technology to address the climate crisis. Clean, renewable energy is now affordable and cost-competitive with traditional fossil fuels.
Powerless in the United States | Energy and Policy Institute
From 2019 through 2021, the dozen Hall of Shame utilities spent $2.8 billion paying roughly 70 top executives — about $5.9 million per executive per year. The scale of the shutoffs problem is masked by a lack of transparency, with state regulators in 20 states failing to require any disclosures. Florida utilities, which topped the charts of ...
Articles Archives - Energy and Policy Institute
4 days ago · FirstEnergy floats $13.6 million refund in Pennsylvania in response to Ohio criminal investigation and audits of influence spending charged to customers. FirstEnergy is proposing to refund $13.6 million to Pennsylvania customers who the company mischarged for payments related to the utility’s bribery schemes in Ohio, as well as advertising ...
Our Mission - Energy and Policy Institute
The Energy and Policy Institute is a watchdog organization working to expose attacks on renewable energy and counter misinformation by fossil fuel and utility interests. We need to power the economy with clean energy to address the climate crisis, and we have the tools to do that right now: renewable energy sources like wind and solar power are ...
Utilities executive compensation analysis - Energy and Policy Institute
Sep 22, 2020 · CEO compensation for 19 major investor-owned utilities totaled over $764 million from 2017 to 2019. Total CEO compensation for each utility ranged from approximately $20 million to $62 million over the three years. Annual total CEO compensation for individual utilities ranged from $6.5 million to $27.8 million.
Report details utilities' use of charitable giving to influence ...
Clearly, not all of the utilities’ charitable spending is directly political. Utilities’ charitable arms often collect some of their revenue from utility employees, the vast majority of whom are likely acting in good faith to support community-based organizations.
New report examines utilities executive compensation
The five utility executives were compensated a total of $184 million between 2017-2019. (Top left to right: Ben Fowke, Xcel Energy; Warner Baxter, Ameren; Gerard Anderson, DTE Energy . Bottom left to right: Chris Crane, Exelon; Pedro Pizarro, Edison International ). Source: EEI Twitter, September 10, 2020.
Financial analysts expect decarbonization will benefit utility ...
Analysts at Morgan Stanley and Moody’s Investors Service expect that more electric utilities will accelerate their transition away from coal, with major financial benefits for both ratepayers and shareholders.