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The Orange County Register has an excellent watchdog piece this week on pay and expense account reimbursement for Southern California Edison (SCE) executives. The data came from a filing with the California Public Utilities Commission (CPUC). The best-paid 10% of executives raked in $418.8 million in total compensation during 2011 and charged almost $12 million on their expense accounts. Four Edison executives charged more than $100,000 on their expense accounts. The champion charged a whopping $192,402 on his expense account. The company refused to reveal what the expenses were for, but you can bet that much of that money went to wining and dining people within the CPUC -- a common practice, as Reader columns have shown.

The report shows that 19 SCE employees raked in more than $1 million in total compensation. Peter Thomas Dietrich, senior vice president and chief nuclear officer overseeing SCE's business at the San Onofre nuclear plant, gobbled up $1.3 million in compensation, including a performance-based bonus of $288,264. Performance-based bonus?

Comments
8

So Dietrich said something like: "Well, I've looked around the whole plant, and everything looks great to me. No problems. Now where's my $288k bonus?"

Feb. 6, 2013

dwbat: I would not be surprised if those were the exact words. Best, Don Bauder

Feb. 6, 2013

It's called crony capitalism.

Feb. 6, 2013

SurfPup: Crony capitalism is one apt description. Another is "rape the utility customer." Best, Don Bauder

Feb. 6, 2013

"The champion charged a whopping $192,402 on his expense account."

Wining, dining, and bribing politicians and CPUC officials is expensive.

Feb. 6, 2013

ImJustABill: I have written in some detail about the junkets to foreign countries that CPUC officials take, courtesy of the utilities. But that tab may not even be part of the $192,402 expense account. Unfortunately, the CPUC report doesn't break down the specific expenses. Best, Don Bauder

Feb. 7, 2013

The money doesn't sound like a lot with top drawer hookers charging $2,000 an hour. A hundred grand ain't what it used to be.

Feb. 7, 2013

Burwell: Leave it to Burwell to shine light on a $192,000 expense account. Politicians in Sacramento and Washington do not live on bread alone. And they do insist on top drawer services. Best, Don Bauder

Feb. 7, 2013

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4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
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