Energy

PG&E Corp. still finds positives amid $4.1 billion fourth-quarter loss

April 17, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>Even as it reported a $4.1 billion fourth-quarter loss Monday, PG&E Corp. still found something to brag about.</p>

Bailout Watch #33 – Apr 16, 2001

April 16, 2001  ·  Consumer Watchdog

<strong>BAILOUT WATCH: Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #33 - Apr 16, 2001<br/> <br/> The Governor puts his foot down!?!</strong> Yesterday's San Francisco Chronicle reports that, prior to...

Power company pitches short-term plan for energy crisis

April 16, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>Officials from Reliant Energy Inc., one of the energy companies widely blamed for the power crisis in California, met with Gov. Mike Leavitt Monday to pitch a solution for this summer's energy shortages.</p>

Plan to Save Edison Faces Skepticism in Sacramento

April 16, 2001  ·  Consumer Watchdog

<h3>No legislative clamor for Davis' bailout deal</h3><p class="source">The San Francisco Chronicle</p> <p>Gov. Gray Davis may have a hard time persuading skeptical lawmakers to approve the deal he reached last week to rescue Southern California Edison.</p>

PG&E sent hard-nosed proposal to Davis demanding no regulation

April 16, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>Pacific Gas and Electric Co. officials demanded the utility be cut free from state regulation and be allowed to push huge rate increases onto its customers, two weeks before negotiations with Gov. Gray Davis broke off, the San Francisco Chronicle reported</p>

Greed Fuels Energy Crisis

April 16, 2001  ·  Consumer Watchdog

<p class="source">In These Times</p> <p>Deregulation of the energy industry was supposed to bring lower prices through the invisible hand of the free market. It didn't. Ask any electricity consumer in California, natural gas consumer in the Midwest or home heating oil consumer in the Northea</p>

State could get zapped by cost of power buys come summer

April 15, 2001  ·  Consumer Watchdog

<p class="source">San Diego Union Tribune</p> <p>The Legislature returns from spring break today facing what some fear could become a deepening crisis runaway spending for power this summer that seriously undermines the state budget.</p>

PG&E Took Hard Line, Dooming State Talks

April 15, 2001  ·  Consumer Watchdog

<h3>Secret plan shows utility demanded less regulation</h3><p class="source">The San Francisco Chronicle</p> <p>PG&E's bailout talks with Gov. Gray Davis fell apart after the utility demanded unprecedented freedom from regulatory oversight and the ability to pass along huge rate increases to consumers, The Chronicle has learned.</p>

Lawmakers pushing envelope for solutions to crisis

April 13, 2001  ·  Consumer Watchdog

<p class="source">Sacramento Bee</p> <p>Here's what some California lawmakers see as a trump card in solving the state's energy crisis: Gouge the public, lose your power plant.</p>

Dynegy threatens to shut down California power plants

April 13, 2001  ·  Consumer Watchdog

<p class="source">San Diego Union Tribune</p> <p>Houston's Dynegy Corp. is threatening to stop selling energy from its San Diego plants into the California power grid, a move that could deprive the state of enough electricity to serve more than 250,000 homes.</p>

Bailout Watch #32 – Apr 12, 2001

April 12, 2001  ·  Consumer Watchdog

<strong>BAILOUT WATCH: Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #32 - Apr 12, 2001<br/> <br/> APOCALYPSE NOW</strong><br/> <br/> <strong>Unless the elected leaders of California take...</strong>

PUC Official’s Investments Questioned

April 12, 2001  ·  Consumer Watchdog

<h3>Group already filed suit, charging conflict of interest</h3><p class="source">San Francisco Chronicle</p> <p>A consumer watchdog group, which filed suit last year to oust one of the state's top utility regulators for investing in a mobile phone company, is now questioning some of his other holdings.</p>