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Article #101

Re: Outsider viewpoint of CA power crisis

#101
From: Tom Keener
Date: Thu, 24 May 2001 09:42
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On Fri, 18 May 2001 11:43:28 -0700, "xenman"
<xenman@sprynet.nospaam.com> wrote:
>Tom Keener <keensurf@cts.com_but_not_this_part> wrote in message
>news:3b0558ea.291284937@nntp.cts.com...
>> On Thu, 17 May 2001 17:45:36 -0700, "xenman"
>> <xenman@sprynet.nospaam.com> wrote:
>>
>> >1.  High prices are NOT the problem,
>>
>> They are when they drive companies out of business.
>>
>Then why don't high taxes drive companies out of business,

Some profit margins are very slim. Tax rates are a fixed item and
predictable. Wildly fluctuating power bills can wreak havoc on small
businesses who have to compete with large out-of-state conglomerates
who can spread their expenses.

>> >2.  The CA electrical power industry was NEVER deregulated.
>>
>> SDG&E _was_ deregulated according to plan and they did pass on their
>> costs to their customers.
>>
>Not for the power bills I get.  I own property in San Diego
>County and SDG&E is my power supplier.  Our power bills
>show a credit for power that costs more than $.065/kwh.
>We get to make up the difference next year.

That credit didn't happen until after the s**t hit the fan. The
initial bills after "deregulation" showed the entire increase. Only
when customers started screaming did they come up with the delayed
payment plan.

Tom Keener
keensurf_at_cts_dot_com
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From: keensurf@cts.com_but_not_this_part (Tom Keener)
Newsgroups: sdnet.general,ba.general,la.general
Subject: Re: Outsider viewpoint of CA power crisis
Date: Thu, 24 May 2001 09:42:22 GMT
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