3.0
May 28, 2022
Former employee, more than 8 years
Recommend
CEO approval
Business Outlook
Pros
Interesting organization in very relevant industry.
Cons
Unfortunately the role of a regulated utility is to: Provide certainty of returns at minimized risk to shareholders; Provide a reliable source of energy (gas/electric) to customers; balance the above in a politically charged environment with priority given to 1. Investors; 2. regulators/politicians; 3. Senior Management compensation; 3. Large customers; 4. Small customers; 5. all other employees. That creates a culture of silo's, politics, promotion of "good guys" versus measured performance, lack of clarity on roles (ability to afford excess people due to regulated recovery of costs), lack of entrepreneurial organizational approach, protecting the core regulated business.