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To: LLCF who wrote (101948)5/14/2001 10:05:26 AM
From: yard_man  Read Replies (1) | Respond to of 436258
 
I like to blame the regulation that went before and all the uncertainty around the change itself, but I don't know the full history and how they came to be so short ...

undercharging the end-user (or not allowing them to be gouged) does delay the adjustments necessary if the same deal is going to be in force, but I think the "deal" is likely to change ... issuing bonds that will take ratepayers 15 years to pay off to just cover summer purchases ought to provoke outrage, IMO