Yesterday, Campbell
led the charge of his fellow commissioners against alleged extravagance
practiced by board members and employees of electric cooperatives. The PSC
regulates these ten customer-owned nonprofits that provide power mainly in
rural areas across the states.
The PSC
reviewed rates and granted some increases, but only after receiving information
about their finances. Some coops paid out a large portion of their retained
earnings to board members, whose roles are supposed to be part-time, and in
high salaries to their executives.