Energy

Calif. to begin buying, selling power

February 2, 2001  ·  Consumer Watchdog

<h3>Step triggers fears of high utility bills</h3><p class="source">USA TODAY</p> <p>California officially entered the power business Thursday when Gov. Gray Davis signed a $ 10 billion package that even supporters called a poor answer to the state's escalating energy crisis.</p>

Calif. lawmakers work to minimize ratepayer hit in power crisis solution

February 2, 2001  ·  Consumer Watchdog

<p class="source">Retail Services Report</p> <p>Despite earlier official vows that ratepayers would not have to foot the bill for expensive power in California, legislators in Sacramento this week were hammering out a scheme</p>

Calif. Governor Signs Power Plan

February 2, 2001  ·  Consumer Watchdog

<h3>State to Buy Electricity Directly From Suppliers</h3><p class="source">The Washington Post</p> <p>California lawmakers today reluctantly approved a $ 10 billion plan that authorizes the state to try to solve its dire energy crisis by buying much of the electrical power it needs directly from suppliers for the next decade.</p>

CALIFORNIA’S GOVERNOR SIGNS LEGISLATION TO KEEP THE STATE IN THE ENERGY BUSINESS

February 2, 2001  ·  Consumer Watchdog

<p class="source">National Public Radio MORNING EDITION</p> <p>The state of California soon will become one of the biggest electric power brokers in the nation. Democratic Governor Gray Davis has signed legislation that will keep the state in the power business</p>

California Utility Execs Sell Stock

February 1, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>Four California utility executives sold small stakes in their companies last year before management began issuing dire bankruptcy warnings that contributed to a steep decline in the stocks.</p>

Calif. enters power business

February 1, 2001  ·  Consumer Watchdog

<p class="source">Sacramento Bee</p> <p>With a flick of the wrist, Gov. Gray Davis on Thursday plunged California deep into the power-buying business by signing the first major piece of legislation aimed at taming the state's haywire electricity market.</p>

CALIFORNIA RACING TO KEEP STATE’S ENERGY CRISIS FROM REACHING CRITICAL MASS

February 1, 2001  ·  Consumer Watchdog

<p class="source">CBS EVENING NEWS</p> <p>California raced today to keep the state's energy crisis from reaching critical mass and cascading wider and deeper into the US economy.</p>

Small Consumer Rate Protection

February 1, 2001  ·  Consumer Watchdog

<h3>Consumer Groups' Proposal for Electricity Re-Regulation</h3> <p>California Senate Bill 18X (2001) would require utilities to sell energy to residential ratepayers, small businesses, family farms and light industry at a regulated price.</p>

Ten Myths of Utility Deregulation

February 1, 2001  ·  Consumer Watchdog

<h3>A Public Citizen Report</h3><p class="source">Public Citizen</p>

“Wall Street West” Turns Power Solution Into Market Solution

February 1, 2001  ·  Consumer Watchdog

<!-- excerpt --><p>As California's governor and legislators deal with the energy crisis, the statehouse has become "Wall Street West" with an invasion of New York investment bankers playing pivotal roles. </p>

Lobbyists, advocates battle for leverage on electricity issue

January 31, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>Rival lobbyists swarmed through the Capitol, battling to protect their interests as lawmakers wrangled over a multbillion-dollar scheme to stabilize California's deregulated electricity market.</p>

Calif. uses more public money to buy power

January 31, 2001  ·  Consumer Watchdog

<p class="source">USA TODAY</p> <p>California stumbled through its 15th straight day of critical power shortages Tuesday as Gov. Gray Davis reopened state coffers to keep spending nearly $ 40 million a day to keep the lights on.</p>