Order 816 indicates the commission is scrutinizing the underlying calculations of market power analyses.
The competitive transmission genie is out of the bottle.
Declaring Emergencies in California: The Realities of ISO Operation
Touted as a panacea for stranded costs, securitization would forever shield rates from market scrutiny.
We consumers display an amazing talent to squander the fruits of our labor on the whim of the moment. Examples might include bungee jumping, vanity license plates or pet rocks. Or just about anything you might find in a magazine stuffed in the back of an airline seat.
Now make way for electric utility restructuring, where the latest fashion calls for securitization of uneconomic costs.