April 22, 1996 |
PUC Regulator Wants to Open Electric Market by July 1997: The next president of the California Public Utilities Commission says he wants to begin opening the state's electric markets to competition by July 1997, six months sooner than current plans. P. Gregory Conlon, who will take over the commission presidency from Daniel Fessler next month, said he has been "talking to staff about July 1997" as a start date.
October 12, 2009
The U.S. Chamber of Commerce touts itself as the world's largest business federation, boasting 3 million members. Er, make that 2,999,996. And falling. The chamber has been beset by embarrassing headlines recently, as large companies that oppose the organization's hostility toward climate-change legislation head for the exits. The very public departures of three utilities -- San Francisco-based Pacific Gas & Electric, Albuquerque-based PNM Resources and Chicago-based Exelon Corp.
October 16, 2003 |
PG&E Corp., California's biggest utility owner, said Wednesday that annual cash for share repurchases beginning in 2005 will be as much as $50 million less than projected under the revised bankruptcy plan for its utility unit, Pacific Gas & Electric Co. About $259.8 million, or 15% less than proposed in July, will be available for stock buybacks, partly because of decisions by the state Public Utilities Commission, San Francisco-based PG&E said in a regulatory filing. The commission last month ordered $444 million in refunds to customers, PG&E said.
February 26, 2008
Re "PUC ruling aided donors," Feb. 20 On Jan. 14, the California Public Utilities Commission cosponsored a summit designed to increase green-collar energy jobs, especially those most vulnerable in this economy. The major energy utilities are hurting for trained staff. Several utilities and community organizations contributed to the expenses of the summit. In a leap of conjecture, this article tied the utilities' contribution to a commission decision made two weeks later advancing energy-efficiency policies.
CALIFORNIA | LOCAL
March 19, 1998
Your March 2 editorial regarding the coming competitive electricity market took a dim view of fundamental change that has already benefited investor-owned utility customers through lower rates. More important, your view negates the ultimate benefit of exponentially enhancing the state's economic viability, as businesses choose to remain in, or relocate to, California. Not to have embarked upon this fundamental change would have been a colossal economic disservice to this state. Until January, the people of California were paying rates 50% higher than the national average.
CALIFORNIA | LOCAL
September 6, 1999
One of the hardest things to explain about the telephone industry is how government has systematically overpriced some services just to offer others at subsidized prices--in particular, how the below-cost price of basic residential monthly service has been supported by higher-than-necessary prices for long-distance calling. The confusion in your Sept. 1 editorial ("Be Savvy on the Dial") is understandable, because what's letting long-distance prices fall is both declining costs and a phasing-down of these subsidies--which does increase local phone charges to some extent, since they have been priced below that service's real cost.