NYPSC Orders Audit of Utility Executive Compensation, Selects Independent Firm
May 17, 2025
May 17, 2025
ALBANY, New York, May 17 -- The New York State Public Service Commission (PSC) has directed major electric, gas, and water utilities in the state to contract with Overland Consulting to conduct a focused operations audit of their management incentive compensation programs. The order, issued and effective on May 15, 2025, follows the Commission's February announcement of its intent to scrutinize these programs.
The audit will encompass thirteen utilities, including Consolidated . . .
The audit will encompass thirteen utilities, including Consolidated . . .