Could contributions produce influence? Neither of the incumbent Public Service Commissioners showed up for last night’s GPB debate, just as they didn’t show up for the previous weekend’s GIPL debate. Saturday the AJC examined the incumbents’ campaign finance and regulatory records, and let’s look a bit into how they’ve acted as regulators towards their biggest indirect contributors: Georgia Power.
Kristi E. Swartz wrote for the Augusta Chronicle or AP 21 July 2012, Donors to Georgia Public Service Commission members vested in decisions,
Four of Georgia’s utility regulators have accepted at least 70 percent of their campaign contributions from companies and people that could profit from the agency’s decisions, a review of five years of campaign finance records by The Atlanta Journal-Constitution revealed.
The fifth member of the state Public Service Commission, Tim Echols, campaigned on the promise that he wouldn’t take money from employees or lobbyists for businesses regulated by the agency.
Even so, nearly one in five dollars in Echols’ contributions came from people or companies whose business is affected by PSC decisions, the review found.
Together, the PSC commissioners took in nearly $750,000 in the last five years, records show. Two of them — Stan Wise and Chuck Eaton — are seeking re-election this year to their $116,452-a-year posts.
Wise and Eaton would be the two incumbents who can’t be bothered to show up for debates. Doesn’t make them look very responsive to the people, does it? Who do they respond to, then?
A review of major decisions that have come before the PSC in the past five years shows utilities have received much — but not all — of what they have asked for.
Georgia Power donors
In the past five years, for example, Georgia Power’s rates have risen 24 percent, although they dipped in June. The PSC must sign off on the company’s rate changes.
Current and former employees of Georgia Power, its parent Southern Co. and its law firm, Troutman Sanders, poured $52,650 into the campaign coffers of four of the sitting PSC members.
A Georgia Power spokeswoman argued that including Troutman Sanders and other company vendors in an analysis of spending “is false.” But critics say including them is critical to capturing the full influence of the utilities on the PSC.
Influence like this? Melissa Stiers wrote for GPB News 19 July 2011, PSC Nixes Vogtle Cost Check,Continue reading