Energy

Stakes high in final push for Edison rescue plan

August 29, 2001  ·  Consumer Watchdog

<h3>BAILOUT TO AFFECT CONSUMER rates</h3><p class="source">San Jose Mercury News</p> <p>SACRAMENTO -- Gov. Gray Davis' plan for the state's energy future faces a crucial test in the next three weeks as he seeks to sell legislators on his multibillion-dollar plan to bail out the state's second-largest utility.</p>

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>

Calif. legislators continue debate on SoCalEd deal

August 29, 2001  ·  Consumer Watchdog

<p class="source">Megawatt Daily</p> <p>A California Assembly committee yesterday continued hearings on a controversial bill to rescue Southern California Edison from the threat of bankruptcy after moving forward with several amendments to a measure approved by the state Senate last month.</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...

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>

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>

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...