Reluctantly and in the face of extraordinary pressure fromfinancial, utility and public officials, California regulators lastThursday took initial steps to unfreeze retail electricity ratesfor the state’s two largest investor owned utilities (IOUs) tobegin to cut into the $8 billion of debt dragging down the IOUssince mid-year. An unprecedented lobbying and public communicationseffort by the utilities preceded the action.
Tag / Reluctantly
SubscribeReluctantly
Articles from Reluctantly
Rate Increases Salvage CA Utilities from Brink of Bankruptcy
Reluctantly and in the face of extraordinary pressure fromfinancial, utility and public officials, California regulatorsThursday took initial steps to unfreeze retail electricity ratesfor the state’s two largest investor owned utilities (IOUs) tobegin to cut into the $8 billion of debt dragging down the IOUssince mid-year. An unprecedented lobbying and public communicationseffort by the utilities preceded the action.
December 22, 2000
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
