Energy

PUC APPROVES LARGEST ELECTRICITY RATE INCREASE IN STATE’S HISTORY SOME CUSTOMERS WILL PAY UP TO 46% MORE.

March 28, 2001  ·  Consumer Watchdog

<h3>COMMISSIONERS, FACING STRONG OPPOSITION BEFORE THEIR UNANIMOUS VOTE, SAY THEY ARE TRYING TO AVERT BLACKOUTS. CRITICS SAY MOVE WON'T SOLVE THE CRISIS.</h3><p class="source">Los Angeles Times</p> <p>With protesters jeering their disapproval, besieged utility regulators Tuesday adopted the largest electricity rate hike in the state's history and defended the action as the only way to keep the lights on for millions of customers.</p>

PUC ACTION LEAVES QUESTIONS UNANSWERED, SUCH AS HOW TO HANDLE UTILITIES’ DEBTS AND WHETHER TO BUY GRID.

March 28, 2001  ·  Consumer Watchdog

<p class="source">Los Angeles Times</p> <p>As painful as Tuesday's electricity rate increase will be for some consumers, power experts across the ideological spectrum say California is not yet close to being free of the energy crisis that has engulfed it and threatened its economy.</p>

Editorial: Will higher rates make you serious?

March 28, 2001  ·  Consumer Watchdog

<h3>Few will be surprised that we're finally being asked to pay more -- much more</h3><p class="source">Ventura County Star</p> <p>While Gov. Gray Davis has stubbornly staved off rate increases that the utilities and others have been clamoring for, it was perhaps inevitable that ratepayers would eventually have to pay more.</p>

Consumer activists say they will fight price hikes

March 28, 2001  ·  Consumer Watchdog

<p class="source">Contra Costa Times</p> <p>Calling it the beginning of a ratepayer revolt, consumer activists descended on state regulators who approved a massive electricity rate increase on Tuesday and said they would eventually go to voters to try to get the price hikes reversed.</p>

Consumer activists say they will fight price hikes

March 28, 2001  ·  Consumer Watchdog

<p class="source">Contra Costa Times</p> <p>Calling it the beginning of a ratepayer revolt, consumer activists descended on state regulators who approved a massive electricity rate increase on Tuesday and said they would eventually go to voters to try to get the price hikes reversed.</p>

California regulators OK huge rate increases for power users

March 28, 2001  ·  Consumer Watchdog

<p class="source">The Washington Times</p> <p>California regulators, in a complete reversal, yesterday tossed aside Gov. Gray Davis' pledge not to raise consumer electricity rates and approved record rate increases of up to 46 percent for 25 million power customers.</p>

Tough Day for SCE Customers, But No Problem for DWP Ratepayers

March 27, 2001  ·  Consumer Watchdog

<p class="source">City News Service</p> <p>On a day when a state panel authorized the biggest electricity rate hike in state history for SCE and PG&E, the Los Angeles Department of Water and Power told its customers not to worry.</p>

Rate hikes may be OK’d today

March 27, 2001  ·  Consumer Watchdog

<p class="source">San Diego Union Tribune</p> <p>Regulators appointed by Gov. Gray Davis are expected to vote today on a proposal to raise electricity rates more than 40 percent, a move supported by business groups and Democratic legislative leaders but opposed by consumer groups.</p>

Rate hike prompts calls for state to seize plants

March 27, 2001  ·  Harvey Rosenfield

<p class="source">The Associated Press</p> <p>In his State of the State speech in January, Gov. Gray Davis said the state could seize power plants if its energy crisis worsened.</p>

RATES MAY SOAR 50%

March 27, 2001  ·  Consumer Watchdog

<h3>CRISIS HAS MANY IN STATE FEELING POWERLESS</h3><p class="source">The Daily News of Los Angeles</p>

Higher Calif. Power Rates Considered

March 27, 2001  ·  Consumer Watchdog

<p class="source">Associated Press</p> <p>California's top energy regulator is considering raising rates by almost 50 percent to send a message to ''electricity hogs'' to ease up on power usage.</p>

Bailout Watch #25 – Mar 26, 2001

March 27, 2001  ·  Consumer Watchdog

<strong>BAILOUT WATCH:  Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #25 - Mar 26, 2001<br/> <br/> Gov. Running Out of Alternatives to Emergency Action Against Wholesalers.</strong> The estimated $23...