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LEGISLATORS NEAR VOTE ON RAISING ELECTRICITY RATES

LEGISLATORS NEAR VOTE ON RAISING ELECTRICITY RATES

<h3>WALL STREET'S VIEW OF UTILITIES IMPROVES. CHENEY IS NAMED TO HEAD TASK FORCE ON CRISIS. AUDIT FINDS THAT IN RECENT PERIOD, EDISON TRANSFERRED $4.8 BILLION TO P</h3><p class="source">Los Angeles Times</p> <p>As state lawmakers on Monday dived into the politically turbulent waters of electricity rate hikes, Wall Street threw a lifeline to California's sinking utilities, saying they appear to have survived their brush with bankruptcy and are worthy of investmen</p>
Power Player: Crisis puts consumer advocate back in spotlight

Power Player: Crisis puts consumer advocate back in spotlight

<p> Doors are opening wider now for consumer advocate Harvey Rosenfield. That happens when time and circumstances turn you into a prophet.<br /> <br /> In 1997, soon after energy was deregulated in California, Rosenfield and his Santa Monica-based Foundation for Taxpayer and Consumer Rights started making noise.<br /> <br /> This is a bad idea, they said. It's corporate welfare. It leaves the public vulnerable to rip-offs and price manipulations.<br /> <br />
Net auction draws a lot of looks, no offers yet

Net auction draws a lot of looks, no offers yet

<h3>Bush extends for two weeks orders ensuring surplus power</h3><p class="source">The San Diego Union-Tribune</p> <p>California's attempt to beat down power prices through a huge Internet auction drew lots of cyber-lookers but no takers yesterday.</p>
GOVERNOR HOPES PLAN HAS ENERGY

GOVERNOR HOPES PLAN HAS ENERGY

<p class="source">The Daily News of Los Angeles</p> <p>Hoping to keep California lighted, save the utilities and hold down rates, Gov. Gray Davis worked through the holiday Monday on an energy plan for state Assembly consideration today.</p>
Watchdog Irate Over Plan to Pay Regulator’s Bills

Watchdog Irate Over Plan to Pay Regulator’s Bills

<p class="source">San Francisco Chronicle</p> <p>A consumer watchdog group said yesterday that it was outraged that the state plans to pay the legal bills for one of its top utility regulators, who faces a lawsuit to remove him from office for violating conflict-of-interest laws.</p>