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 : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (417)	6/21/2005 11:20:37 AM
From: Wharf Rat	Read Replies (1) \| Respond to of 24213

I went to an energy meeting last night in Willits. The speaker was from the Northern California Power Authority, a pubic entity comprised of a number of cities who are their own power companies; Palo Alto, Alameda, Ukiah, etc. I left early, during a rehash of the power crisis, since lt didn't seem applicable for us. It might work for Willits, but we are unincorporated, so there are a lot of big hurdles to clear. Anyway, the most interesting facts I picked up were: During the 00-01 power crisis, the cost to California's economy (5-6 in the world) 70 billion dollars; enuf to rebuild the entire energy infrastructure in the state. PGE charges were fixed at 10+ cents/ kwh;' however they were paying as much as 31 cents,and losing 1 million bucks/ hr. Energy costs,in constant dollars, had been declining during a 100 year period of regulation. Been increasing ever since dereg; coincidence? RAt