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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (56415)	1/10/2001 4:28:29 PM
From: flatsville	Read Replies (1) \| Respond to of 436258

Uh, CB he understands the difference between PGE Corp. and Pacific Gas & Electric the utility. (I think you just noticed for the first time today the different tic symbols.) If you want to disregard the connection fine. Buy into the myth. I suppose your ignoring this too? Under deregulation, PG&E is supposed to sell off the majority of its generation facilities – which includes 174 hydroelectric dams spanning the state from north to south – by the end of the year. Meanwhile, however, the company is still operating a lot of those plants. According to TURN, PG&E earned net profits of $1.5 billion from utility-owned generation between January 2000 and October 2000. PG&E claims that it doesn't produce your energy because all of the power the company produces is sold to the Power Exchange, the central agency that controls the flow of electrons statewide. The utility then buys back that power, plus a little more, to distribute to its customers. So PG&E is selling you PG&E power. The degree of separation is somewhat tenuous IMO.