Energy

Reaction Mixed on PG&E’s Bankruptcy Filing Announcement

April 6, 2001  ·  Consumer Watchdog

<p class="source">City News Service</p> <p>PG&E's announcement today that it has filed for Chapter 11 bankruptcy protection was derided by the mayor of Los Angeles and a Santa Monica public watchdog group -- and questioned by a PUC commissioner.</p>

Ratepayers, consumer advocates, power suppliers score Davis’ speech

April 6, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>Ratepayers and consumer advocates found themselves in rare agreement Thursday with big power companies on at least one segment of California's energy crisis</p>

In California, Reversal on Energy Rates

April 6, 2001  ·  Consumer Watchdog

<p class="source">The New York Times</p> <p>Bowing to the inevitable, Gov. Gray Davis of California tonight dropped his longstanding opposition to higher electricity rates</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>

Supervisor wants O.C. utility

April 4, 2001  ·  Consumer Watchdog

<p class="source">Orange County Register</p> <p>Supervisor Charles V. Smith wants Orange County to establish its own power company, pointing to the success of Anaheim, Los Angeles and Sacramento</p>

California Looks to Build Its Own Power Plants

April 4, 2001  ·  Consumer Watchdog

<p class="source">San Jose Mercury News</p> <p>Step by step during the energy crisis, California has transformed itself into a power baron, spending billions on electricity and looking to buy 26,000 miles of transmission lines.</p>

Bailout Watch #29 – Apr 03, 2001

April 4, 2001  ·  Consumer Watchdog

<strong>BAILOUT WATCH: Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #29 - Apr 03, 2001<br/> <br/> State utility expert says no rate increases are needed.</strong> When the Cal. Public Utilities Commission...

Developments in California’s power crisis

April 2, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>State regulators declare a Stage 2 power alert as downed transmission lines hinders imports from the Pacific Northwest, reducing California's electricity reserves to around 5 percent.</p>

Rate Increases May Be Just Beginning

April 1, 2001  ·  Consumer Watchdog

<h3>Unanswered questions now may mean higher bills soon</h3><p class="source">The San Francisco Chronicle</p> <p>When regulators passed an average 40 percent electricity rate increase last week, they insisted this was the last time the state would be reaching into consumers' pockets to pay for California's energy mess.</p>

Talks At Standstill, PG&E Says

March 31, 2001  ·  Consumer Watchdog

<h3>Firm may write off $4 billion in debt</h3><p class="source">The San Francisco Chronicle</p> <p>California's energy problems grew even thornier yesterday as PG&E Corp. said its bailout talks with the governor have collapsed and that the company may write off more than $4 billion in debt.</p>

San Francisco-Based Utility Contemplates Suing State

March 31, 2001  ·  Consumer Watchdog

<p class="source">San Jose Mercury News</p> <p>Despite a nearly 30 percent increase in rates approved this week, PG&E says it may have to take state regulators to court because almost all that money is going to the state for its power bills.</p>

CALIF. PUC HIKES RATES AS MUCH AS 46% SIGNALING POSSIBLE END TO ENERGY CRISIS

March 30, 2001  ·  Consumer Watchdog

<p class="source">Global Power Report</p> <p>The California Public Utility Commission March 27 voted 5-to-0 in favor of a rate increase of between 42% and 46% in an effort to raise the money needed to help resolve the state's energy crisis.</p>