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Pastimes : The California Energy Crisis - Information & Forum

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To: Hawkmoon who wrote (517)6/14/2001 2:43:01 PM
From: Quincy  Read Replies (1) of 1715
 
"And we know how efficient governments are managing enterprises, don't we now??"

I think we do.

The Los Angeles utility is sitting pretty smug right now and has unique access to power generated by federal efforts like Hoover Dam. Other examples of municipal utilities are in and around Chicago and Seattle, all of which have been operating on a non-profit basis for decades to benefit their residents.

The drive for municipal utilities are a direct result of having city and county budgets plundered by energy conglomerates. The idea is certainly being discussed in southern California by County officials to the displeasure of Sempra.

Why? To prevent this>>>
uniontribune.com
uniontribune.com

With friends like private Utilities, who needs enemies?
uniontribune.com

"SDG&E used long-term contracts to buy power at one price then sell the electricity to consumers at a much higher rate.

The disputed windfall accumulated over several months, as SDG&E used long-term contracts to buy power at one price then sell the electricity to consumers at a much higher rate.

Customers were billed the larger of the two costs, a practice SDG&E parent Sempra Energy said was appropriate even though SDG&E has insisted for months that under deregulation it merely distributes power.

"Shareholders deserve to make money on contracts that they took the risk
for," said company spokesman Ed Van Herik, who was unable to specify
how much electricity is bought and sold under the agreements.


Then, there is Duke
uniontribune.com
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