Fortnightly Magazine - January 15 1998

Off Peak

IF YOU HAD TAKEN A JOB ON A STATE PUBLIC UTILITY commission back in 1928, at the average pay scale for regulators, and still held that position today, how would you have fared?

The answer: It depends on which state you worked for.

In 1928 Public Utilities Fortnightly reported an average annual salary for state PUC members of $5,092.64 ("Your State Public Service Commissioners," Feb. 23, 1928, p. 9). Salaries ranged from as low as $2,000 and $2,200 (Vermont and Mississippi), to as high as $10,000 (Pennsylvania), $12,000 (New Jersey) and $15,000 (New York).