Energy

Market lacks utility players

January 10, 2001  ·  Consumer Watchdog

<h3>high-tech firms weigh options</h3><p class="source">The San Diego Union-Tribune</p> <p>Wall Street gave a Bronx cheer to Gov. Gray Davis' energy plan yesterday, as investors pushed California electricity stocks lower and analysts continued to rate utility bonds at just above the junk-bond level.</p>

Davis seeks long-term energy contracts to resolve crisis

January 10, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press State</p> <p>Gov. Gray Davis is proposing that the state enter into long-term contracts with electric utilities or wholesalers to guarantee a stable price for the state's power supply, officials said Wednesday.</p>

DEAL COULD CAP ELECTRICITY RATES –BUT AT A PRICE

January 10, 2001  ·  Consumer Watchdog

<h3>CONSUMERS WOULD BE PROTECTED FROM HIGHER BILLS; IN EXCHANGE, PRODUCERS WOULD BE GUARANTEED LONG-TERM FIXED WHOLESALE PRICES. CRITICS SAY PLAN COULD BACKFIRE.</h3><p class="source">Los Angeles Times</p> <p>Government and industry officials sought agreement Wednesday on a deal that would ensure California consumers pay no more for electricity in return for a promise that the state's power producers could collect a fixed--and potentially lucrative--price for</p>

Saving power can be hard

January 10, 2001  ·  Consumer Watchdog

<p class="source">Ventura County Star</p> <p>When Gov. Gray Davis asked Californians on Monday to voluntarily cut electricity consumption by as much as 7 percent, he cited the example of putting a computer in sleep mode when it is not in use.</p>

Peace video defends role in state power crisis

January 10, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>State Sen. Steve Peace has released a videotape to counter charges that he was an architect of California's energy deregulation and is largely to blame for spiraling utility bills and widespread power shortages in California.</p>

Consumer Groups’ Two Pillars of Electricity Reform

January 9, 2001  ·  Consumer Watchdog

<h3>Re-Regulation and Public Power</h3> <p>This fact sheet provides the basic introduction to consumer groups' proposals to fix the California energy crisis</p>

Reaction mixed to Davis plan to salvage energy companies

January 9, 2001  ·  Consumer Watchdog

<p class="source">The Orange County Register</p> <p>SANTA ANA, Calif._Consumers and business people wanted their governor to provide a solution to the state's energy crisis. They were split Monday night on whether that's what they got.</p>

DAVIS’ TOUGH TALK FACES EVEN TOUGHER OBSTACLES

January 9, 2001  ·  Consumer Watchdog

<p class="source">Los Angeles Times</p> <p>Gov. Gray Davis pulled out some harsh words during his speech Monday night on California's electricity crisis. Now come the harsh realities.</p>

California generators pressed to cut prices

January 9, 2001  ·  Consumer Watchdog

<h3>Davis threatens to take over plants</h3><p class="source">The Washington Times</p> <p>California Gov. Gray Davis warned power generating companies last night that if the price of electricity in his state does not come down and the supply go up, he might order the state to take over generating facilities.</p>

Reaction to Gov. Gray Davis’ State of the State speech:

January 8, 2001  ·  Doug Heller

<h3>ON ENERGY</h3><p class="source">The Associated Press</p> <p>"Governor Davis finally got the message that he needs to be bold in dealing with this energy crisis. He seems to be willing to use the power of the state to stand up to these unregulated power generators that have been choking the state. -- Doug Heller</p>

Governor seeks overhaul of troubled California power system

January 8, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>Gov. Gray Davis urged sweeping changes Monday to California's beleaguered electricity system, proposing a public agency to build power plants and threatening to seize the plants of wholesalers who gouge consumers and utilities.</p>

California Legislature now on the spot in high-stakes poker game

January 8, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>The battle over who should foot California's astronomical electricity bill is becoming a political showdown that pits the financial might of Wall Street financiers against the voting power of Main Street consumers.</p>