Who is winning the race to net zero? Report shows which investor owned utilites are leading the pack


The National Public Utility Council (NPUC), in collaboration with Motive Power and Visual Capitalist, has ranked the top 30 Investor-Owned Utilities (IOUs) in their Annual Utility Decarbonization Report.

This report allows for direct comparison and evaluation of decarbonization efforts by the most prominent players in the energy sector. Utilities have the opportunity to lead economy-wide decarbonization in the U.S. and set a positive precedent for other sectors, but there are roadblocks. 

“We understand that the desire for utilities to decrease their carbon intensive practices and their ability to do so are often not aligned. What we are trying to do with this report is give utilities the ability to bridge those differences and accelerate their reduction efforts,” said Angel Lance,  founder of NPUC. “We want to give them the power to overcome roadblocks that are preventing them from achieving their net-zero goals.” 

NPUC’s Annual Utility Decarbonization Report sheds light on the obstacles that utilities face on the road to net zero and provides adaptable alternatives over the short and long term to help ease the transition to cleaner sources of energy.

The report also explores the impact of Environmental, Social and Governance (ESG) goals as it relates to investor-owned utilities and how their adherence to decarbonization goals impact both investors and customers. An ESG Report Card of the Top 30 IOUs in the decarbonization index is included as a dedicated section of the report.

You can read the report in its entirety here.