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Politics : PRESIDENT GEORGE W. BUSH

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To: asenna1 who wrote (170783)8/13/2001 2:04:27 AM
From: Gordon A. Langston  Read Replies (2) of 769667
 
Message 16189615

It turns out, however, that publicly owned utilities charged the state an average of $344 for a megawatt of electricity during the first three
months of the year. Private companies were meanwhile charging less than an average of $250 per megawatt. And those Houston-based
"snakes" -- Reliant, Dynergy, and Enron -- were charging less than the publicly owned utilities, less than the sainted and celebrated L.A.
Department of Water & Power ($292 per megawatt), less than the Sacramento Municipal Utility District ($330 per megawatt), less than other
investor-owned California-based power marketers, and less than the overall market average. Other more ambitious sellers include those
municipal "good neighbors" at Seattle's City Light Department ($634 per megawatt), BC Hydro ($498), and virtually every other socialist
power entity that bellied up to the California wholesale power market.
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