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To: rx4pain who wrote (125327)1/17/2001 10:34:02 PM
From: Scumbria  Read Replies (4) | Respond to of 186894
 
Rx,

Regulation prevented the buildout necessary to supply electrical demand.

Been listening to Rush?

Scumbria



To: rx4pain who wrote (125327)1/17/2001 10:40:54 PM
From: Dan3  Read Replies (1) | Respond to of 186894
 
Re: Think of all the people who have worked at those electrical companies for years, and their company stock is soon to be worth -ZERO-.

It's actually not quite that bad. California's utilities were pretty much split up into generating companies and distribution companies. Presumably, your example utility worker received his appropriate share of each of the spinoffs. While the distribution companies are going bankrupt, it's largely because the generating companies are minting money charging them higher rates. To some degree, what happened in California is that generation was unregulated, but distribution wasn't. So one half of the former company is making a fortune bankrupting the other half. (It's not nearly that simple, but this is a factor in what's going on).

Don't worry, it'll get worse, it always does.

:-(

Dan



To: rx4pain who wrote (125327)1/19/2001 8:46:18 AM
From: Amy J  Respond to of 186894
 
Hi Rx, OT (PGE) RE: "What would your company have paid during that brown out for a killowatt?"

Some companies are already paying for it, through a loss of productivity. Take your average startup of about 50 employees and multiply that by $65k and you'll get a grand total labor bill of ~$3.3k in just two hours. That's not pocket change. During an outage, that's wasted money. This is corporate money that could be redirected to PG&E for resolving this problem, if pricing regulation didn't exist.

RE: "Think of all the people who have worked at those electrical companies for years, and their company stock is soon to be worth -ZERO-."

Sorry, I doubt they worked as hard as the folks at Microsoft - no weekend break for months is the norm. Maybe the PG&E folks are working as hard now, but I doubt they were back then.

RE: "Not because of what they have done. Because of bureaucrats folding to special interest groups, with poor foresight."

Valid point.

RE: "Think of hospitals with no power."

They have generators.

RE: "auto accidents...how many will lose their lives?"

Unfortunately, governments generally don't put a price tag on people's lives.

Regards,
Amy J