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ck4829

(38,023 posts)
Fri May 1, 2026, 08:21 AM 8 hrs ago

Ohio's electric bills are high -- and so are utility CEO salaries

In February, Ohioans’ electricity bills were up 22% compared to a year earlier. That was the sharpest increase of any state except for Virginia, according to the U.S. Energy Information Agency.

Despite increasing costs for consumers, Ohio’s Republican leadership incentivizes construction of the centers with huge tax breaks paid for by those same consumers.

And already in the throes of an affordability crisis, ratepayers also shelled out tens of millions last year to pay the salaries of utility executives who each make as much as many hundreds of Ohioans.

According to a new report by the Energy & Policy Institute, CEOs of the four electric utilities serving Ohio made a combined $81 million last year.

https://ohiocapitaljournal.com/2026/05/01/ohios-electric-bills-are-high-and-so-are-utility-ceo-salaries/

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Ohio's electric bills are high -- and so are utility CEO salaries (Original Post) ck4829 8 hrs ago OP
Duke Energy in NC just raised CEO salaries... CousinIT 8 hrs ago #1

CousinIT

(12,681 posts)
1. Duke Energy in NC just raised CEO salaries...
Fri May 1, 2026, 08:31 AM
8 hrs ago

...all while demanding not just one, but TWO massive rate hikes.

Their GREED never ends.

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