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Strategies & Market Trends : Drillbits & Bottlerockets
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To: The Phoenix who wrote (227)1/4/2001 6:07:13 PM
From: Jorj X Mckie  Read Replies (4) of 15481
 
So the California power companies were not given permission to raise rates to what they desired and there is serious concern that PG&F and Edison could go bankrupt. I wonder how high our power rates will go up if PG&E and Edison stop generating electricity?

And if the California power industry is de-regulated, why do they need permission to raise rates? I must be missing something.

(OG, just picked you randomly out of the list, you don't need to respond)
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