PSC revising utility executive pay rule
Updated On: Sep 05 2013 01:23:34 PM MDT
The Public Service Commission is moving forward with plans to change its rule requiring disclosure of salaries for top utility executives.
The commission decided Thursday to start work on a draft rule that allows utilities to ask that the information remain confidential.
Commissioners said the new rule states that utility salary information is public, but gives utilities a way to assert a privacy interest if warranted.
The current rule says the salaries cannot be treated as confidential information.
Commissioners had voted earlier this year to start the process of repealing the rule, which had originally been put in place by different commissioners in 2010.
The regulatory agency last week backed off plans to scrap that rule amid criticism the public should have access to the salary information.
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