News Snapshot:
US power companies have made political donations of at least $215m to dark money groups in recent years, according to a new analysis of 25 for-profit utilities, amid growing concerns around how they wield influence. Such secretive donations to barely regulated non-profit groups have helped utilities increase electricity prices, hinder solar schemes and helped elect sympathetic legislators in recent years. While dark money giving to tax exempt groups is legal, a number of utilities have faced criticism for it. In Arizona and Alabama, power companies faced blowback after they used dark money to aid the election of friendly regulators. In...
