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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: flatsville who wrote (56217)1/10/2001 1:45:44 PM
From: Ilaine  Read Replies (1) of 436258
 
Pacific Gas and Electric, which sells electricity to the consumer, doesn't buy directly from PG&E - it buys from CPUC and from Cal-ISO. PG&E, like all electricity PRODUCERS, sells to CPUC and Cal-ISO. The prices are set at the intermediate level. Cal-ISO buys on the spot market when demand exceeds production, and passes the costs on to the utility companies.

sacbee.com

The rates that Pacific Gas and Electric and Southern California Edison charges CONSUMERS is set by PUC. These rates are capped and these corporations cannot pass their costs on to the customer. Since May, 2000, they have paid $11 billion more than they have been able to charge the consumer.

latimes.com

There's no reason to focus on the relationship between PG&E - every electricity generator and wholesaler that supplies California had good revenues in 2000. That includes AES, Clayton Williams, Duke, Dynergy, NRG and Reliant.

sacbee.com
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