Energy

SDG&E able to escape a rate boost

February 22, 2002  ·  Consumer Watchdog

<h3>PUC action, shrinking bill help avert increase</h3><p class="source">San Diego Union-Tribune</p> <p>The state utilities commission yesterday spared SDG&E's electricity customers from another rate hike, but consumer advocates say a separate action by the commission that clears the way for the state to complete an $11 billion bond offering will cost util</p>

Long road remains before state can sell $11.1 billion bonds

February 22, 2002  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>California power regulators no longer stand in the way of the state issuing $11.1 billion of bonds to settle its looming power-buying debt, an expensive souvenir from last year's energy crunch.</p>

California, Pennsylvania deregulation falls into legal limbo

February 22, 2002  ·  Consumer Watchdog

<p class="source">Electric Light & Power Magazine</p> <p>The headlines have been screaming for over a year about the pros and cons of deregulation, and no two states have held more symbolic positions in that debate than Pennsylvania and California -- the alpha and omega of electric restructuring.</p>

Bailout Watch #89 – Feb 06, 2002

February 6, 2002  ·  Consumer Watchdog

<strong>BAILOUT WATCH: Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #89 - Feb 06, 2002<br/> <br/> Linda Lay's liquidity crisis.</strong> Last week, the wife of embattled Enron chief Ken Lay...</strong>

Bailout Watch #88 – Feb 04, 2002

February 4, 2002  ·  Consumer Watchdog

<strong>BAILOUT WATCH: Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #88 - Feb 04, 2002<br/> <br/> No Money Down Until November 5, 2002. </strong>Last Thursday, the California PUC took the first step...

Deal to end PUC review of power purchases opposed

February 2, 2002  ·  Consumer Watchdog

<p class="source">The San Diego Union-Tribune</p> <p>Consumer advocates yesterday said a proposal for the California Public Utilities Commission to relinquish review of state electricity purchases would amount to an historic loss of consumer protection in the state.</p>

From Enron to Cheney to California

February 1, 2002  ·  Consumer Watchdog

<h3>Golden State politicians are on the warpath after a leaked memo reveals Kenneth Lay's instructions on how the White House should handle last year's electr...</h3><p class="source">Salon.com</p> <p>The release of a memo from then-Enron CEO Kenneth Lay to Vice President Dick Cheney that included recommendations for how to handle the California energy crisis is encouraging the state's top politicians to call for more hearings and investigations into</p>

Davis, PUC come to agreement to let state go into bond market

February 1, 2002  ·  Consumer Watchdog

<p class="source">Contra Costa Times</p> <p>A high stakes poker game was drawing to a close this week when Gov. Gray Davis and utility regulators reached a tentative agreement that would allow the state to fill a gaping, $6 billion hole in the budget.</p>

State regulators issue plan to pay state’s power debt

February 1, 2002  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>California's governor praised a proposal from state regulators that would allow the state to issue billions of dollars of bonds and funnel money from utility rates to pay its power-buying debt.</p>

State regulators issue plan to pay state’s power debt

February 1, 2002  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>California's governor praised a proposal from state regulators that would allow the state to issue billions of dollars of bonds and funnel money from utility rates to pay its power-buying debt.</p>

PUC, Davis break impasse on energy bond; fall rate cut might be possible

February 1, 2002  ·  Consumer Watchdog

<p class="source">San Diego Union-Tribune</p> <p>State electricity regulators ended a four-month deadlock with the Davis administration yesterday, paving the way for a $12.5 billion bond to repay the state for power purchases and a possible rate cut before the November election.</p>

PUC loses power to set rates in deal

February 1, 2002  ·  Consumer Watchdog

<h3>Energy bond plan buoys investors, but angers consumer advocates</h3><p class="source">The San Francisco Chronicle</p> <p>The state Public Utilities Commission would lose its authority to set electric rates under a tentative deal announced yesterday that would transfer that power to the state Department of Water Resources.</p>