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.

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

To: Gottfried who wrote (3654)	4/23/2001 3:01:42 PM
From: TimF	Read Replies (1) \| Respond to of 23153

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? I think it is because they where able to pass some of the costs on to consumers but not all of them. Because electricity became more expensive without a huge drop in demand PG&E customers paid a larger amount of $ so PG&E's revenue went up. But since PG&E's costs went up even more the increased revenue did not stop their anual profit from turning in to a loss. Tim

To: Gottfried who wrote (3654)	4/23/2001 5:22:10 PM
From: aerosappy	Read Replies (1) \| Respond to of 23153

Gottfried -- PCG and California electricity The quicken.com numbers look wrong. Here is an excerpt from the most recent PCG Form 10-K regarding power charges and use: Selected Statistics: 2000 1999 1998 1997 1996 Average annual residential usage (kWh) ......... 7,062 6,905 6,776 6,627 6,571 Average billed revenues per kWh (cents per kWh): Residential: ........... 10.46 10.68 10.77 11.88 11.92 Commercial: ............ 8.48 9.32 9.69 10.15 10.19 Industrial: ......... 3.02 5.17 5.72 6.09 6.37 Agricultural: ....... 10.11 10.48 11.42 10.52 10.92 Net plant investment per customer ($): ...... 1,969 2,388 2,705 3,027 3,198 freeedgar.com