Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: Gut Trader who wrote (87207)	3/28/2001 7:59:06 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

Cali power rate hikes are just beginning: quote.bloomberg.com An attorney with the PUC's Office of Ratepayer Advocates, the consumer-protection arm of the commission, said an increase of 13 cents a kilowatt-hour would be needed to cover the state's power- buying costs. That's more than four times the rate increase approved yesterday. ``It's becoming clear that more increases will be needed,'' Jason Zeller said. ``The numbers don't add up.'' Connell said she doesn't know what yesterday's PUC rate increase should have been, because she hasn't seen all the data on the state's power purchases -- data she has been pushing for the governor to make public. It's also not clear how the PUC decided on the amount of the increase, Connell said, and she's concerned about the possibility of more increases. ``I am troubled by the fact that consumers are already rocked by a rather substantial rate increase,'' she said.