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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Zeuspaul who wrote (3652)	4/22/2001 10:19:13 PM
From: gamesmistress	Respond to of 23153

I don't see how anyone can call a system that requires rate freezes and mandatory reductions "deregulation." If they said anyone who wants to offer power has to do it on a cost plus basis, the most efficient could offer the cheapest power, but the price would still reflect their real costs. This has been a fascinating discussion, thanks Zeuspaul, whitepine, etc (and whitepine I don't think your posts are too long, this is a complicated subject. Too bad you guys weren't around to educate the CA legislature in 1995 :-)) BTW, NJ is now offering up to 60% rebate on money spent on buying and installing a renewable energy system (solar, wind, biomass) in your home. 11 people have one so far.

To: Zeuspaul who wrote (3652)	4/22/2001 10:26:38 PM
From: Gottfried	Read Replies (2) \| Respond to of 23153

Zeuspaul, rate reductions for 3 years in Texas, eh? It will be interesting to see how that plays out. They have the advantage of watching CA to find out what NOT to do. I found something about PG&E that puzzles me. I'm sure the answer is in the company's annual report. Their revenue was flat 1990 to 1995, then rose steadily through 2000 while profits declined and became negative. I wonder how they managed that? quicken.com Here are the numbers $ in millions 91 92 93 94 95 96 97 98 99 00 9778 10296 10582 10447 9621 9610 15400 19942 20820 26232 1026 1170 1065 1007 1338 755 716 719 13 -3324 top row is revenue, bottom is profits. Gottfried