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Wednesday, August 27, 2008 10:40 AM Cities must hold ElectriCities accountable The recent City Council meetings should signal to all that something is very wrong in Wilson when it comes to our electric rates. It is time for City Council to hold ElectriCities accountable for spending and decisions. It is time for all 32 cities to hold them accountable. I hope Wilson will be the leader. ElectriCities needs to make cuts now. We are paying 2 percent more on electric rates for a big financial mistake that people are paid too much to make. And someone made money off the mistake. But it was not us, the taxpayers. In October 2003, Mr. Tilton, the CEO, made $328,328 and now he makes $458,000 and the board says he is underpaid. What did he do over five years to yield a $130,000 increase? Clay Norris makes $244,000 now and in 2003 he made $165,000, what did he do to earn an $80,000 increase? Estherine Davis earned $75,000 in 2003 and now makes $135,000, what did she do to earn a $60,000 increase? Is it just me or are these salaries and salary increases excessive? This money could have been saved for a rainy day like the day we got when we were told of the rate increase. In looking at other executives in similar industries, these are excessive salaries. These are pertinent questions in light of soaring rates, and there is no sign that the board of directors is evaluating and making any cuts to the budget. Harris Plant was off line this month for 10 days. We get power from it. How much will that cost us? Another 2 percent increase this fall just before winter? But instead we hear Mr. Tilton talking about Washington. Our problem is in Raleigh at ElectriCities. Rocky Mount reported legal bills at $647,000, but I got a letter telling me they were $1.1 million. How will we ever get the correct information in this coverup and fix this place. As a city, we need to demand a full accounting now. Ricardo Dew Eaglechase Drive |
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