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Bailout Hearing in Sacramento
not once did they provide any reason why the deal would be good for ratepayers – because it isn't.
Bailout Watch #55 Friday, June 22, 2001
Edison Bailout Hearing in Sacramento: Bailout NOT DOA.
In a mid-afternoon hearing held by the Senate Energy
Committee on Tuesday, Gov. Davis\'s proposal to force
ratepayers to bail out Edison had its first hearing. Like the
original deregulation legislation, the bailout proposal
Edison Bailout Hearing in Sacramento: Bailout NOT DOA.
In a mid-afternoon hearing held by the Senate Energy
Committee on Tuesday, Gov. Davis\'s proposal to force
ratepayers to bail out Edison had its first hearing. Like the
original deregulation legislation, the bailout proposal
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IMC Network
California has never deregulated energy companies. In 1996, they ADDED new regulations which forced producers to sell off profitable parts of their business and limited their production capability.