Actually the problem isn't because there is a lack
of power. The "deregulation" of the power market in CA has cause this. Legislation drafted several
years ago caused the consumer side of the market
to have a price cap while allowing the whole sale market to be free. The assumption was that the wholesale market would drop in time allowing the gap between the consumer cost and amt. for wholesale to grow allowing more profit. What actually happened was the wholesale market prices flew through the roof. With the consumer cap in place comapnies were loosing money hand over fist.
Now the companies aren't able to pay their bills and the genearators are going to cut off the supply.
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This site is pretty cool. Cool D&D info. It's anything gose on this site.
http://gussnews.com/forum/index.php?
err ... then don't use napster ;p
Nicely put!
Actually the problem isn't because there is a lack of power. The "deregulation" of the power market in CA has cause this. Legislation drafted several years ago caused the consumer side of the market to have a price cap while allowing the whole sale market to be free. The assumption was that the wholesale market would drop in time allowing the gap between the consumer cost and amt. for wholesale to grow allowing more profit. What actually happened was the wholesale market prices flew through the roof. With the consumer cap in place comapnies were loosing money hand over fist. Now the companies aren't able to pay their bills and the genearators are going to cut off the supply.