Energy

Edison bailout plan is oddest piece of legislation in recent memory

August 29, 2001  ·  Consumer Watchdog

<p class="source">The Sacramento Bee</p> <p>Senate Bill 78XX may be the most unusual legislation to hit the Capitol in decades, in terms of both its content and its convoluted political dynamics.</p>

Bailout Watch #70 – Aug 28, 2001

August 28, 2001  ·  Consumer Watchdog

<strong>BAILOUT WATCH: Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #70 - Aug 28, 2001<br/> <br/> SPECIAL SACRAMENTO WAR ROOM EDITION<br/> <br/> FTCR Opens War Room in Sacto.</strong> Our...

Watchdog group pledges to fight aid for Edison

August 28, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>A consumer watchdog group pledged to fight lawmakers' efforts to give financial support to Southern California Edison, saying the bill amounted to a bailout at the expense of taxpayers.</p>

PG&E’s customers facing biggest share of power bill

August 28, 2001  ·  Consumer Watchdog

<h3>State's debt for electricity must be repaid</h3><p class="source">San Francisco Chronicle</p> <p>Utility customers in Northern California may have to pay $500 million more than those to the south to cover the state's costs of purchasing electricity for debt-ridden utilities, it was announced yesterday.</p>

Lawmakers besieged over energy rescue deal

August 28, 2001  ·  Harvey Rosenfield

<p class="source">San Jose Mercury News</p> <p>On the 13th floor of Sacramento's newest upscale hotel, California's most vocal consumer advocate hunkered down with his allies Monday and declared war.</p>

Gov. Davis in power showdown

August 28, 2001  ·  Consumer Watchdog

<h3>Commission would yield authority over rate hikes</h3><p class="source">The Oakland Tribune</p> <p>Energy regulators Monday backed the Davis administration in keeping what critics call the lion's share of California's largest electricity rate hike</p>

Edison rescue won’t require sale of lines

August 28, 2001  ·  Consumer Watchdog

<p class="source">Sacramento Bee</p> <p>A key Assembly committee voted Monday night to support acquiring a five-year option to purchase Southern California Edison's transmission lines at double their book value as part of a $2.9 billion state rescue plan.</p>

Committee debates Edison’s rescue

August 28, 2001  ·  Consumer Watchdog

<p class="source"> Sacramento Bee</p> <p> As a hotly contested $2.9 billion rescue plan for Southern California Edison inched toward a vote in a key Assembly committee late Monday, consumer leaders gathered to lead a voters' revolt against the proposal.</p> <p class="source"> Sacramento Bee</p>

Assembly delays vote on Edison rescue again

August 28, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>A key legislative committee delayed voting Tuesday on a reworked bill intended to help Southern California Edison regain its financial health.</p>

Bailout Watch #69 – Aug 27, 2001

August 27, 2001  ·  Consumer Watchdog

<strong>BAILOUT WATCH: Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #69 - Aug 27, 2001<br/> <br/> Hunkering Down. </strong>The battle for billions of ratepayer dollars has been raging in Sacramento for...

Utility commission boosts San Diego rates, recoups state money

August 27, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>California regulators moved Monday to recoup the state's electricity purchases, boosting rates for San Diego customers an average of 12 percent and blocking big businesses from bypassing utilities to buy power.</p>

Calif Consumer Group Steps Up Opposition To SoCal Ed Bill

August 27, 2001  ·  Consumer Watchdog

<p class="source">Dow Jones Newswires</p> <p>Three weeks before the state legislature adjourns, a California consumer group is stepping up efforts to oppose a rescue deal for Edison International's insolvent utility</p>