Berate

The semi-independent consumer advocacy branch of the California Public Utilities CommissionThursday asked the energy regulators to deny San Diego Gas and Electric $98 million in revenues as a penalty for the utility’s alleged failure to purchase power supplies on a fixed-price, forward contracts basis between July 1, 1999 and Aug. 31, 2000. Most ofwhat the CPUC’s Office of Ratepayer Advocates (ORA) concludes were missed opportunities occurred last summer when wholesale power prices first skyrocketed in the West.