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.
Politics : Impeach George W. Bush

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lazarus_Long who wrote (2137)4/2/2001 5:41:58 PM
From: jttmab  Read Replies (2) of 93284
 
I don't know a lot on the situation in California, but I've gathered that CA screwed up on the deregulation by placing artificial limitations on pricing by the power generators. Consequently the power generators have found it more profitable to short Calif and sell the power to other States. But it's not a shortage of resources, power capacity or distribution systems, it's higher profitability.

Part of the price one has to pay with free markets. One way or another CA is going to pay higher electricity prices.

Regards,
jttmab
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext