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Pastimes : The California Energy Crisis - Information & Forum -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (481)	6/13/2001 12:36:42 AM
From: Hawkmoon	Respond to of 1715

My friend, I believe you really need to study up a bit. Well, I will not claim to be an expert on utilities (which is why I'm reading this thread), so I look forward to experts like yourself educating me. The parent companies will prosper even more when they get rid of 1) the most regulated, 2) the most unionized and 3) the lowest growth aspect of their business. Seems to me that you've summed up a majority of the problem right there. Rather than a power company being responsible for end-to-end production and distribution of power, they are scaling back to operating just the most profitable generation business, because government regulation and high labor costs prevent their making a decent profit while being responsible for maintaining and expanding the transmission system. And since distribution and transmission is the costliest aspect of the utility business due to constant maintenance, and "acts of god" damaging it, then it's just as well to let California handle it, right? Don't you see the endgame? California is now responsible for building, maintaining, and repairing the entire power grid in the state. Lord help them. Hawk