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Eversource doubles pay for CEO as 'skyrocketing' electric bills hit customers

Summary by Ground News
In Joe Nolan Jr.'s first full year as CEO in 2022, Eversource profits hit a record $1.4 billion. Nolan warned last fall of the prospect of looming bill hikes for customers as natural gas prices boomed used to fuel many power plants in New England. "These bonuses and extra payments are truly mind-boggling," said Sen. Richard Blumenthal, D-Conn.

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Journal InquirerJournal Inquirer
Lean Left

Eversource doubles pay for CEO as ‘skyrocketing’ bills hit

As Connecticut lawmakers drill deep into how Eversource records profits amid higher bills this winter for customers, Eversource doubled the pay for its rookie CEO last year, even as other senior executives absorbed pay cuts.

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New Hampshire Union LeaderNew Hampshire Union Leader
Center

Eversource doubles pay for CEO as 'skyrocketing' electric bills hit customers

As Connecticut lawmakers drill deep into how Eversource records profits amid higher bills this winter for customers, Eversource doubled the pay for its rookie CEO last year, even as other

·New Hampshire, United States
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CT InsiderCT Insider
Lean Right

Eversource doubles pay for CEO as 'skyrocketing' electric bills hit customers

In his first full year as Eversource CEO, Joe Nolan Jr. got a big increase over what his predecessor made in his own rookie year, even as customers pay more.

·Connecticut, United States
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  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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CT Insider broke the news in Connecticut, United States on Friday, February 17, 2023.
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