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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: KeepItSimple who wrote (55990)1/10/2001 8:36:18 AM
From: Jack T. Pearson  Read Replies (1) of 436258
 
Transmission losses are significant. One problem with deregulation is that they only deregulated the price the power companies pay for electricity, not the price the consumers pay. Another problem is that California depends heavily on natural gas to generate power. Natural gas prices have quadrupled in the past year and are likely to move much higher as it takes about two years to find and exploit new supplies. It is all about supply and demand. Supply has been constrained by not building new power plants in California for the past ten years. Once demand exceeds supply, power generators can name their price.
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