1 of 1
Story summary
- CEOs of the top 51 U.S. utilities earned a 16% raise to $12.3 million last year.
- Energy and Policy Institute data show 38 CEOs received raises that added $82 million in compensation.
- AEP chief Bill Ferhman’s pay jumped $23 million (176%) to $36.6 million despite 173,000 service disconnections.
- Customers paid over $5 billion for CEO compensation and perks, while bills rose up to 40% in some regions, prompting lawmakers to consider pay-cap legislation.
