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Energy

Hearings get heated over bearing brunt of electricity deregulation

Hearings get heated over bearing brunt of electricity deregulation

<p class="source">San Jose Mercury News</p> <p>SAN JOSE, Calif._As utility executives pleaded for an electricity rate increase of up to 30 percent, angry consumer advocates denounced the state's deregulated energy system Wednesday and insisted that the public shouldn't bear the cost of its failures.</p>
Groups see little room for accord

Groups see little room for accord

<p class="source">The San Diego Union-Tribune</p> <p>State consumer groups -- several of which continue to work on plans to overturn electricity deregulation through a ballot initiative -- will be in no mood to compromise when they discuss the crisis today with Gov. Gray Davis and executives of the state's</p>
ELECTRIC UTILITIES SEEK UP TO 30% RATE HIKE

ELECTRIC UTILITIES SEEK UP TO 30% RATE HIKE

<h3>EDISON AND PG&E PRESS FOR INCREASE AS THE PUC OPENS HEARINGS. CONSUMER GROUPS SAY COMPANIES GAMBLED WITH DEREGULATION AND SHOULD PAY THE PRICE.</h3><p class="source">Los Angeles Times</p> <p>California's two biggest public utilities began pressing their case Wednesday for electricity rate hikes of up to 30%, the costly legacy of their ill-starred plunge into deregulation.</p>
POWER CRISIS GENERATES WINDFALL FOR SUPPLIERS

POWER CRISIS GENERATES WINDFALL FOR SUPPLIERS

<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

Irate Californians eye ballot initiative

<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

Electricity rate hike debate heats up

<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>
A BITTERSWEET OUTCOME

A BITTERSWEET OUTCOME

<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>