Xcel Energy CEO Made $26.2 Million in 2018 As Your Electric Bill Reached a New All-Time High

The Star Tribune recently ran a piece announcing that Xcel Energy CEO Ben Fowke was the third-highest paid CEO in Minnesota in 2018 with a total pay of $26.2 million for the year. This wouldn't necessarily be outrageous compensation if Xcel Energy were a private company competing for your businesses in a free market, but the fact that Xcel customers are literally forced by the government to buy their electricity from the  government-approved monopoly makes this level of compensation unconscionable. Why does the Xcel CEO get paid so much? According to the Star Tribune: "Fowke’s annual bonus is based on five factors: employee...

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