California rides the tiger
Journal Article
·
· Fortnightly
OSTI ID:68469
Revolutions rarely succeed without a struggle. At the California Public Utilities Commission (CPUC), the move to restructure the state`s electric utility industry is no exception. The stakes are enormous. For starters, annual revenues at the state`s investor-owned electric utilities (IOUs) exceed $18 billion, making up 2 percent of California`s gross state product. Competitively priced electricity is vital to California`s $800-billion-a-year economy, one would think. And with its sweeping restructing plan, the CPUC has found itself riding a tiger, hoping it won`t get swallowed whole in the process.
- OSTI ID:
- 68469
- Journal Information:
- Fortnightly, Vol. 133, Issue 1; Other Information: PBD: 1 Jan 1995
- Country of Publication:
- United States
- Language:
- English
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