Energy

Davis tries to slow rise in energy costs

December 20, 2000  ·  Consumer Watchdog

<h3>Supply shortage worsening</h3><p class="source">The Stockton Record</p> <p>SACRAMENTO -- Gov. Gray Davis on Tuesday began personally negotiating the scope of a rate increase proposed by the state's major utilities, while a critical power-generation shortage once again threatened to cause the collapse of California's electricity</p>

Davis sees utility bills going up: Otherwise, power firms will go bust, he says

December 20, 2000  ·  Consumer Watchdog

<p class="source">The Sacramento Bee</p> <p>Gov. Gray Davis acknowledged Tuesday that he expects California ratepayers to bear some of the burden for the state's failed attempt at electricity deregulation, saying the alternative -- utility insolvency -- is an unacceptable scenario that would leav</p>

Davis may have to support rate hikes

December 20, 2000  ·  Consumer Watchdog

<h3>'Everyone needs to be part of the solution,' he says, but he pledges it won't lead to an unfair burden for energy consumers.</h3><p class="source">The Orange County Register</p> <p>SACRAMENTO -- Electricity rate increases, once too taboo to mention, suddenly may not be looking so bad to politicians, particularly Gov. Gray Davis.</p>

Davis fights for a cap on power rates

December 20, 2000  ·  Consumer Watchdog

<h3>He says thousands of utility workers could face layoffs</h3><p class="source">San Diego Union-tribune</p> <p>Thousands of utility workers could be laid off in California if the electricity crisis continues, Gov. Gray Davis warned the Federal Energy Regulatory Commission in Washington yesterday.</p>

DAMAGE CONTROL A PRIORITY FOR DAVIS, UTILITIES

December 20, 2000  ·  Consumer Watchdog

<p class="source">Los Angeles Times</p> <p>As electricity rate hikes loom for millions of California consumers, Gov. Gray Davis and the state's three major utility companies are waging an intense war to insulate themselves from a consumer backlash.</p>

California Consumers to Shoulder Debt of California Utility Firms

December 20, 2000  ·  Consumer Watchdog

<p class="source">Contra Costa Times</p> <p>SACRAMENTO, Calif.--California consumers will be forced to shoulder millions of dollars of debt incurred by utility companies under a deal being brokered by Gov. Gray Davis.</p>

California’s Two Power Crises

December 19, 2000  ·  Consumer Watchdog

<!-- excerpt --><p>There are two power crises in California today. One is the electricity debacle, the other, a political power crisis.</p>

Bankruptcy not imminent for California utility

December 19, 2000  ·  Consumer Watchdog

<p class="source">San Jose Mercury News</p> <p>SAN JOSE, Calif._Despite spending far more to buy electricity than it charges consumers, Pacific Gas & Electric Co. isn't facing the imminent bankruptcy that politicians fear, say financial analysts. Right now the company can pay its bills, and investors</p>

Averting disaster with state utilities

December 19, 2000  ·  Consumer Watchdog

<p class="source">San Diego Union-Tribune</p> <p>There are two power crises in California today. One is the electricity debacle, the other, a political power crisis.</p>

RATEPAYERS SHOULDN’T BAIL OUT EDISON

December 18, 2000  ·  Consumer Watchdog

<p class="source">Los Angeles Times</p> <p>California's largest utility company, Southern California Edison, has thrown down the gauntlet to Gov. Gray Davis: Force the ratepayers to bail us out or we'll declare bankruptcy.</p>

Bankruptcy v. Bailout

December 18, 2000  ·  Consumer Watchdog

<!-- excerpt --><p>California's largest utility company, Southern California Edison, has thrown down the gauntlet to Governor Gray Davis: force the ratepayers to bail us out or we'll declare bankruptcy.</p>

STATE CRITICAL AS U.S. TRIES TO KEEP POWER ON

December 16, 2000  ·  Consumer Watchdog

<h3>THE ENERGY REGULATORY PANEL ACTS TO CALM THE MARKET. OFFICIALS SAY THE EFFORT IS TOO TIMID TO WORK.</h3><p class="source">Los Angeles Times</p> <p>Calling deregulation of California's electric power industry a worthy effort that has unfolded disastrously, the Federal Energy Regulatory Commission on Friday launched a multipronged effort to calm a crazed electricity market and keep the lights on acros</p>