Many states require utilities to help low-income customers conserve energy despite higher costs and barriers.
Black Americans and other minorities are more at risk for disconnections, add-on utility fees, inefficient housing and more.
A settlement last week extends the state’s moratorium on utility shutoffs and provides $47 million in bill relief funding.
The shared ownership model could help low-income areas and provide economic payoffs too, a separate analysis says.
The company disclosed the compensation policy change to shareholders ahead of this month’s annual meeting.