Energy

PG&E DECLARES BANKRUPTCY; STATE’S CRISIS PLANS COLLAPSE

April 7, 2001  ·  Consumer Watchdog

<h3>CHAPTER 11 FILING, THIRD-LARGEST IN HISTORY, PUTS THE UTILITY'S FATE IN A JUDGE'S HANDS. COMPANY SAYS RESCUE TALKS WERE 'GOING NOWHERE'</h3><p class="source">Los Angeles Times</p> <p>California's largest utility, Pacific Gas & Electric, filed for federal bankruptcy protection Friday, unraveling the state's efforts to resolve the energy crisis and effectively turning the utility's future over to a federal judge.</p>

PG&E Bombshell Leaves Customers Grumpy, Cynical

April 7, 2001  ·  Consumer Watchdog

<h3>Rates expected to soar, blackouts to proliferate</h3><p class="source">The San Francisco Chronicle</p> <p>Your lights are still on.</p>

PG&E Bombshell Leaves Customers Grumpy, Cynical

April 7, 2001  ·  Consumer Watchdog

<h3>Rates expected to soar, blackouts to proliferate</h3><p class="source">The San Francisco Chronicle</p> <p>Your lights are still on.</p>

Crisis out of politicians’ hands But some think PG&E move could bring order to a chaotic process.

April 7, 2001  ·  Consumer Watchdog

<p class="source">Sacramento Bee</p> <p>With the Pacific Gas and Electric Co.'s fate in the hands of a federal bankruptcy judge, state officials acknowledged Friday they have largely lost what power they had over the ultimate outcome of California's energy crisis.</p>

California’s largest utility files for bankruptcy

April 7, 2001  ·  Consumer Watchdog

<p class="source">San Jose Mercury News</p> <p>Pacific Gas & Electric Co. filed for bankruptcy Friday, rejecting the governor's desperate attempts to stabilize California's power supply and throwing the contentious issue of electricity rates into the hands of a little-known federal judge.</p>

California’s largest utility files for bankruptcy

April 7, 2001  ·  Consumer Watchdog

<p class="source">Contra Costa Times</p> <p>California's 11-month-old electricity crisis took a dramatic turn Friday when the venerable Pacific Gas & Electric Co. unexpectedly filed for bankruptcy, stunning state officials, consumers and investors.</p>

Governor proposes rate hike; Some S. D. County homes exempt but others could see bills rise average 27%

April 6, 2001  ·  Consumer Watchdog

<p class="source">The San Diego Union-Tribune</p> <p>Gov. Gray Davis dropped his opposition to an electricity rate hike yesterday and proposed an increase -- exempting San Diego County residences that use relatively little power and upping the monthly bill for others by an average of 27 percent.</p>

Davis pulls energy switch

April 6, 2001  ·  Consumer Watchdog

<h3>His proposal for a rate hike, weighted toward heavy electricity users, represents a shift from previous position.</h3><p class="source">The Orange County Register</p> <p>Gov. Gray Davis said Thursday that Californians' electricity rates must be raised to ease the state's energy crisis, and that some of the money should help bail out the strapped utilities, which have rung up $14 billion in debt.</p>

Davis propone plan energético

April 6, 2001  ·  Consumer Watchdog

<h3>Pide al público racionamiento voluntario de electricidad; recibe críticas</h3><p class="source">La Opinion</p> <p>En una alocución transmitida en vivo por la mayoría de las estaciones de radio y televisión del estado, el gobernador Gray Davis anunció ayer un plan destinado a hacer menos penoso para la mayoría de los residentes de California los aumentos en las tarifa</p>

Davis admits rate hikes unavoidable in any plan

April 6, 2001  ·  Consumer Watchdog

<p class="source">Contra Costa Times</p> <p>After months of assuring Californians he could find a solution to the state's energy crisis without raising electricity rates, Gov. Gray Davis used a live televised address Thursday evening to reverse course and endorse a rate hike.</p>

Davis Proposes Tiered Plan To Boost Rates

April 6, 2001  ·  Consumer Watchdog

<h3>Governor wants slightly lower increases than PUC adopted</h3><p class="source">The San Francisco Chronicle</p> <p>After months of denying that rate increases were needed to pull California out of its energy crisis, Gov. Gray Davis yesterday proposed an average 37 percent increase for residential users served by PG&E.</p>

Davis Has Warning, Plea for Californians

April 6, 2001  ·  Consumer Watchdog

<h3>Governor Urges Conservation as Energy Woes -- and Criticism of His Record -- Grow</h3><p class="source">The Washington Post</p> <p>Gov. Gray Davis (D) tonight delivered an urgent warning to California's residents that more severe power shortages and blackouts soon lie ahead</p>