With a growing interest in changing the state’s energy landscape, California lawmakers this week will examine three major proposals, one that would create a new regulatory body out of parts of three existing agencies, another that would eliminate the last vestiges of the state’s 1996 electric restructuring law and third dealing with gas price indices. Hearings are set in the Assembly and Senate for Wednesday and Thursday for the respective bills.
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CA Energy Laws Get Further Airing; Changes in Making
With a growing interest in changing the state’s energy landscape in the post-2000/2001 crisis, California lawmakers this week will further examine two separate and major proposals for establishing a new foundation for industry matters. Sacramento observers are unsure of the ultimate fate of the two proposals — one in the state Senate and the other in the lower house Assembly.
May 21, 2003
ConEd Cost Recovery Case Won’t Get Supreme Court Airing
Consolidated Edison Co. of New York’s (ConEd) push to recoup about $250 million in replacement power costs the utility incurred after shutting down its Indian Point nuclear power plant a couple of years ago vaulted a key legal hurdle last Monday after the U.S. Supreme Court declined to hear a lower court’s ruling finding that the company had a right to recover such costs.
December 9, 2002
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