SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : JDS Uniphase (JDSU)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: EepOpp who wrote (16369)1/10/2001 6:07:34 PM
From: Caxton Rhodes  Read Replies (2) of 24042
 
**OT** The problem is that the CPUC has been screwing the utilities forever in the name of consumer benefit. They made it financially impossible for utilities to make any return on investments in power plants. So what happened? The utilites got rid of them. Now the the owners of those plants aren't regulated by the morons at the CPUC and are charging whatever they want. The problem could have been avoided if the CPUC would have allowed the California Utilities a reasonable return on their assets.
FYI consumer electric rates in CA have not risen for the last 7 years.

Those that think the California Utilities are some evil group of money hungry monopolists, are are totally clueless.

Califonia utilities are in a shitty business whose return on investment is controlled by a politically motivated group of short sighted morons, aka the CPUC.

Caxton
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News