I’ve come to realize over the course of many years that the electric utility business is fascinatingly challenging. No other industry that I can think of has more bosses than an electric utility. In fact, high ranking utility people promoted from Executive Vice President to President/CEO leave a job with one boss and accept a job with dozens of bosses. A utility must take orders from Washington. Recently, the Supremes overturned a lower court ruling that effectively said, Michigan, you don’t have to listen to New Jersey to set limits on your emissions. Now Mr. CEO, you do.The utility pleas…
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