Energy

As an Energy Crunch Continues, California’s Utilities and Their Customers Clash Over Rates

December 28, 2000  ·  Consumer Watchdog

<p class="source">The New York Times</p> <p>While California's governor was in Washington discussing the state's energy crisis with President Clinton, representatives of dozens of interested parties converged on an emergency meeting here today to debate whether consumers should pay sharply higher e</p>

POWER CRISIS GENERATES WINDFALL FOR SUPPLIERS

December 27, 2000  ·  Consumer Watchdog

<h3>A JUMP IN PROFITS IS FORECAST FOR FIRMS THAT PROVIDE THE STATE'S ENERGY. DAVIS SEEKS ADVICE FROM GREENSPAN.</h3><p class="source">Los Angeles Times</p> <p>California's power crisis surged through the political and financial worlds Tuesday as a sharp jump in the profit outlook of major electricity generators supplying California renewed controversy over alleged price gouging on the eve of public hearings to</p>

Irate Californians eye ballot initiative

December 27, 2000  ·  Consumer Watchdog

<p class="source">The Washington Times</p> <p>LOS ANGELES - A rising anger among consumers over California's electric power crunch threatens to boil over into a 2002 ballot initiative that would order the state government to buy most power plants and power lines.</p>

Electricity rate hike debate heats up

December 27, 2000  ·  Consumer Watchdog

<p class="source">Riverside Press-Enterprise</p> <p>Utility companies and consumer groups escalated their rhetoric Tuesday as the state Public Utilities Commission prepares to take testimony on electric rate hikes.</p>

California considers rate hikes as Davis, Clinton meet

December 27, 2000  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>A two-day hearing opened Wednesday with wildly divergent suggestions for dealing with California's electricity crisis.</p>

A BITTERSWEET OUTCOME

December 27, 2000  ·  Harvey Rosenfield

<h3>HARVEY ROSENFIELD, WHO WARNED AGAINST ELECTRICITY DEREGULATION, SAYS HE HAS BEEN PROVED RIGHT BUT REGRETS THAT IT HAS COME AT SUCH A COST TO THE PUBLIC. STILL H</h3><p class="source">Los Angeles Times</p> <p>As power outages and higher utility bills loom in California, Harvey Rosenfield--the man who unsuccessfully fought electricity deregulation four years ago--doesn't say, "I told you so."</p>

Davis’ ties to utilities energizes power debate

December 25, 2000  ·  Consumer Watchdog

<h3>More than $450,00 has gone to his campaign since 1998; governor denies bias.</h3><p class="source">Ventura County Star</p> <p>SANTA ANA -- California Gov. Gray Davis has taken more than $450,000 in campaign contributions since 1998 from the two utility giants he's negotiating with to help save from possible bankruptcy.</p>

WILL DAVIS ERR ON THE SIDE OF CAUTION?

December 24, 2000  ·  Consumer Watchdog

<p class="source">Los Angeles Times</p> <p>In the throes of an energy crisis, many Californians are worrying about rolling blackouts and power rationing during the holidays. The state's governor, however, must face his own threat: "Grayout.</p>

CONSUMERS BITTER AS THEY AWAIT ELECTRICITY PRICE HIKES

December 24, 2000  ·  Consumer Watchdog

<h3>MANY PEOPLE WORRY ABOUT THE EFFECTS ON FAMILY FINANCES. ACTIVISTS WARN OF THE POSSIBILITY OF A 'RATEPAYER REBELLION' AS CUSTOMERS FACE POSSIBLE INCREASES OF AT</h3><p class="source">Los Angeles Times</p> <p>As California's energy crisis threatens to boil over, Los Angeles-area consumers facing the likely prospect of higher electricity bills are steaming.</p>

Politicians try to dodge energy crisis

December 23, 2000  ·  Consumer Watchdog

<p class="source">The San Diego Union-Tribune</p> <p>The economic and technological aspects of California's electric power crisis are extremely complicated, but the political scramble now under way among politicians, particularly Gov. Gray Davis, to minimize their exposure, is fairly simple. In fact, if it</p>

In California, Woes on Power Set Off Clashes

December 23, 2000  ·  Consumer Watchdog

<p class="source">The New York Times</p> <p>California's great experiment with utility deregulation relies on the wisdom of the marketplace to keep things running, but as the threat of utility bankruptcies, sharply rising electric rates and dimmed Christmas lights grip the state, the marketplace</p>

EDISON TO CUT 400 JOBS, DIVIDEND AMID CRISIS

December 23, 2000  ·  Consumer Watchdog

<h3>POWER COMPANY ANNOUNCES CASH-CONSERVING MEASURES, INCLUDING A $100-MILLION REDUCTION IN CAPITAL SPENDING</h3><p class="source">Los Angeles Times</p> <p>'gDnt company of Southern California Edison announced Friday that it will eliminate 400 contractor jobs, suspend the quarterly dividend paid to its common shareholders and cut $ 100 million in capital spending as part of its effort to stave off finan</p>