The power companies and execs at today’s hearing on the rolling blackouts this month were familiar faces to the senators asking the tough questions. Over the years, they’ve helped bankroll the lawmakers’ political campaigns.
Since 2000, in fact, power companies have donated at least $430,000 to members of the two Senate committees represented at today’s hearing: Business & Commerce and Natural Resources, according to a quick analysis of campaign data made public by the Texas Ethics Commission.
To perform the analysis, the Tribune searched for campaign contributions by political action committees, or PACs, and employees of companies testifying at the hearing. The analysis also included Energy Future Holdings, the power-generation firm formerly known as TXU.
The power companies don’t focus their financial attention on a select group of senators. The donations are part of about $3.9 million they’ve donated to political candidates and candidate committees during that period.
|Fraser, Troy *||$105,468|
|Hegar, Glenn A. Jr.||$27,350|
|Jackson, James M. ‘Mike’||$24,054|
|Carona, John J. *||$23,500|
|Hinojosa, Juan ‘Chuy’||$23,250|
|Nichols, Robert Lee||$18,000|
|Seliger, Kelton G.||$17,500|
|Watson, Kirk P.||$17,000|
|Van De Putte, Leticia||$16,000|
|Eltife, Kevin P.||$15,500|
|Duncan, Robert L.||$15,300|
|Lucio, Eduardo A. Jr. ‘Eddie’||$15,000|
|Uresti, Carlos I. ‘Charlie’||$10,000|
|Deuell, Robert F. ‘Bob’||$2,000|
* Committee chairmen
CenterPoint EnergyAubrey McClendon, chief executive officer at Chesapeake Energy, donated more than any individual employee: $120,000. donated more than any other political action committee: $1.2 million.
Much of that spending came from the companies’ own political committees, which pool funds from executives and other employees for political activity. (Direct contributions from corporations to candidates are illegal).
Of course, this type of regulated-donor activity isn’t unique to Texas, and the power companies would argue that their donations help fund rigorous campaigns that reward candidates who support their agendas. But it is worth noting.
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