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Research & Articles

Energy and Policy Institute Analysis: Utility CEO Compensation & Corporate Earnings 2025 

Author: Energy and Policy Institute

May 7, 2026

A new analysis from the Energy and Policy Institute finds a sharpening disparity between utility corporations and their customers: investor-owned electric and gas utilities paid their CEOs $626 million in 2025. Top 10 paid utility CEOs received more than $220 million as customers struggled with and fell increasingly behind on energy bills.

The analysis includes:

  • Compensation of the top earning utility CEOs + how many years it would take an average worker in state to match their pay
  • Customers’ energy affordability struggle by utility 
  • Case studies of utilities with poor customer satisfaction yet increasing CEO pay  
  • Utilities backsliding on diversity, equity and inclusion
  • Utilities lowering environmental standards, shifting incentives toward earnings-related goals