Consumer Watchdog

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Consumer Watchdog

Energy

Settlement could put PG&E back on its feet;

Settlement could put PG&E back on its feet;

<h3>But critics say consumers' cost is too high</h3><p class="source">The San Francisco Chronicle</p> <p>Douglas Heller of the Foundation for Taxpayer and Consumer Rights said the plan "steals billions of dollars from ratepayers" while allowing PG&E executives to keep large bonuses they have received since the company filed for bankruptcy.</p>
Effort to restore power monopoly falls to pressure

Effort to restore power monopoly falls to pressure

<p class="source">Los Angeles Business Journal</p> <p>"Californians were the lab rats for a deregulation experiment that went horribly wrong," said Doug Heller with FTCR. "They want a regulated energy system that can be counted on to provide reliable and affordable electricity."</p>
State to consider energy bill changes;

State to consider energy bill changes;

<h3>BIG USERS MAY BE ALLOWED TO SHOP AROUND</h3><p class="source">San Jose Mercury News (California)</p> <p>Big power users such as universities and manufacturing plants may be gaining ground in an effort to bring back one of the most controversial pieces of the state's energy deregulation experiment: the ability to buy power on the open market.</p>
Davis Urges Electricity Rate Cut;

Davis Urges Electricity Rate Cut;

<h3>Annual bills could drop $30 for homes, $120 for businesses under governor's plan.</h3><p class="source">Los Angeles Times</p> <p>Harvey Rosenfield, president of the Foundation for Taxpayer and Consumer Rights in Santa Monica, said the rate reduction was just a down payment on the billions of dollars that are due California electricity customers.</p>
The pendulum swings back

The pendulum swings back

<p class="source">San Jose Mercury News</p> <p>Energy deregulation sucks," said John Burton, the state Senate's top Democrat, summarizing his support for the "Repeal of Electricity Deregulation Act of 2003."</p>
Energy users will see pennies, not dollars, from gouger rebates

Energy users will see pennies, not dollars, from gouger rebates

<p class="source">Ventura County Star (California)</p> <p>Everyone involved agrees the Federal Energy Regulatory Commission's brand-new finding of widespread market manipulation in the California energy crisis of two years ago was long overdue. But it's no surprise that politicians and consumer advocates take di</p>
Oil prices dip; gas lags behind

Oil prices dip; gas lags behind

<p class="source">The Desert Sun (Palm Springs, CA)</p> <p>Jamie Court, executive director of the Santa Monica-based Foundation for Taxpayer and Consumer Rights, said the situation of tight gasoline supplies is similar to the California electricity market two years ago when a handful of generators could manipulat</p>