position · 2024
Bar utility executive bonuses when rates rise faster than inflation
Van Drew supports the No Bonuses for Utility Executives Act, which focuses on eliminating bonuses for utility executives when rates increase. He says executives should not receive bonuses when they raise rates faster than inflation, arguing that this could prompt them to reconsider rate increases.
Context: The passage does not give further details about how the bill would work or say it has been enacted.
In their own words
If you are raising rates faster than inflation, you should not be receiving bonuses.
The source
Published: Original date not established; campaign context manually checked
Retrieved: 11/12/2026