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Energy

California Commission Proposes to Increase Electricity Rates

California Commission Proposes to Increase Electricity Rates

<p class="source">San Jose Mercury News</p> <p>Seeking to calm the state's turbulent energy markets, a state commission on Wednesday proposed boosting residential electricity rates by an average of $ 5 a month for three months, but the plan appeared unlikely to persuade lenders to keep California's t</p>
Calif. Utilities To Raise Rates

Calif. Utilities To Raise Rates

<p class="source">Associated Press</p> <p>The state Public Utilities Commission voted unanimously Thursday to grant emergency rate increases to two cash-strapped utilities that serve 25 million Californians.</p>
Regulators grant utilities temporary rate hike

Regulators grant utilities temporary rate hike

<p class="source">The Associated Press</p> <p>The California Public Utilities Commission recommended emergency rate increases to two cash-starved utilities Wednesday, but only for 90 days and for far less than the utilities had requested.</p>
Electricity rate rage growing

Electricity rate rage growing

<h3>Consumers fight back with a Web site and calls for a ballot measure.</h3><p class="source">The Fresno Bee</p> <p>As state officials talk about raising electricity rates by 26% to 40% to pay for blundering into a deregulated market, an outrage is building.</p>
Californians fault Bush energy proposal

Californians fault Bush energy proposal

<p class="source">The Associated Press</p> <p>Many Californians, struggling with sharply higher gasoline prices and rising electricity rates, found little comfort in President Bush's national energy plan released Thursday.</p>
Feds want surcharge to pay utilities’ debts

Feds want surcharge to pay utilities’ debts

<h3>Additional rate boost likely, cash would go to power suppliers</h3><p class="source">The San Francisco Chronicle</p> <p>Federal energy regulators have proposed a surcharge on wholesale electricity sales in California to compensate generating companies, angering state officials who say the idea amounts to gouging consumers.</p>
Edison rescue won’t require sale of lines

Edison rescue won’t require sale of lines

<p class="source">Sacramento Bee</p> <p>A key Assembly committee voted Monday night to support acquiring a five-year option to purchase Southern California Edison's transmission lines at double their book value as part of a $2.9 billion state rescue plan.</p>
Consumer groups wary of new player

Consumer groups wary of new player

<h3>They fear it may saddle taxpayers with more debt</h3><p class="source">The San Francisco Chronicle</p> <p>Consumer watchdog groups that have long bird-dogged the utilities on behalf of ratepayers are facing mounting challenges, and it's not only because of the power crisis.</p>
Legislators to tackle utility crisis

Legislators to tackle utility crisis

<h3>They insist gifts from industry won't sway them</h3><p class="source">Sacramento Bee</p> <p>When the state Legislature begins its new session in earnest this week, the utility companies and electricity generators at odds over the state's power woes will be familiar faces at the Capitol</p>