Posts

Showing posts with the label PUBICLY TRADED UTILITIES

RE: 11 utility giants paid negative federal tax rates

Image
  SHARED FOR INFORMATION AND EDUCATION ABOUT AN IMPORTANT ISSUE  THAT ALLOWS COMPANIES TO USE DIVIDENDS AND STOCK BUYBACKS  TO INCREASE PRICES! Our new report found that Latino households are nearly twice as likely as white households to experience energy insecurity, while CEOs at 21 publicly traded utilities took home nearly $1 billion from 2023 through 2025. Eleven of those companies paid a negative federal tax rate in 2025, while the companies collectively spent nearly $94 billion on dividends and stock buybacks. 1 Those numbers belong in newspaper stories, television segments, radio interviews, and digital coverage across the country. And because Latino families are being hit especially hard by rising utility costs, getting this research into Spanish-language media is particularly important. That means pitching reporters, developing the strongest stories from our research, helping journalists understand the tax data, reaching Spanish-language outlets, and pushing bac...