Natural gas price surges in the region this winter have led the California Public Utilities Commission (CPUC) to order utilities to issue customers’ annual California Climate Credit (CCC) early. Since the passage of California’s Assembly Bill 26, aka the Global Warming Solutions Act of 2006, most residents receive a CCC on natural gas bills in…
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California Rate Hike Still May Not Be Enough
Even with the ink still not dry and final allocation still undetermined on California’s record $5 billion electricity rate increase approved last Tuesday, state officials are already worried that the added revenues and state-backed bonds that will follow will not be enough to pay for power over the next 12 to 18 months.
April 2, 2001
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