As tempers continue to get shorter in the midst of California’senergy predicament, the state’s two major investor-owned utilitiesbutted heads this week on a natural gas issue created as anoffshoot of the persistent electricity woes in the state. Itinvolves Pacific Gas and Electric Co.’s emergency filing to stateregulators Jan. 18 asking for Southern California Gas Co. to giveit some supplies in the face of its looming shortages, promptingSoCalGas to protest the request.
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CA Utilities, Regulators Spar Over $5 Billion
Consumers and utilities continued to butt heads in Californialast week over how to deal with almost $5 billion in uncollectedrevenues by the state’s three major investor-owned utilities in thewake of this summer’s wholesale electricity price spikes. Withretail rates frozen the utilities have only collected a portion ofthe added cost of power since May. Consumer activists in SanFrancisco and San Diego last week launched a campaign against theutilities seeking pledges from political candidates throughout thestate to oppose attempts to raise consumer rates to recoverutilities’ costs.
CA Utilities, Regulators Spar Over Revenue Under-Collection Issue
Consumers and utilities continued to butt heads in Californialast week over how to deal with almost $5 billion in uncollectedrevenues by the state’s three major investor-owned utilities in thewake of this summer’s wholesale electricity price spikes. Withretail rates frozen the utilities have only collected a portion ofthe added cost of power since May. Consumer activists in SanFrancisco and San Diego last Tuesday launched a campaign againstthe utilities seeking pledges from political candidates throughoutthe state to promise to oppose the utilities’ attempts to raiseconsumer rates to recover their costs.
CA Utilities Seek $5 Billion from Consumers
Consumers and utilities continued to butt heads in CaliforniaTuesday over how to deal with almost $5 billion in uncollectedrevenues by the state’s three major investor-owned electricutilities in the wake of this summer’s wholesale electricity pricespikes.