California:DWP Far Exceeded Profit It Reported (Public agency was major 'gouger')

Los Angeles Times ^ | September 10, 2001 | Doug Smith, Rich Conell, Robert Lopez

[John Jorsett]

During the peak of California's power crisis, the Los Angeles Department of Water and Power earned far greater profits selling electricity to the rest of the state than agency officials have previously acknowledged, according to a newly completed independent audit.

The document, obtained by The Times under the California Public Records Act, seems sure to reinforce charges by some consumer advocates that the public power company effectively helped its customers at the expense of those suffering blackouts and rate hikes.

For full story, click here.

[John Jorsett]

Indexing for calpowercrisis interest group.

[HEFFERNAN2]

David Freeman, a Riordan appointee, should be fired today by Gray Davis. I won't be holding my breath. These parasites obviously have no problem shaving in the morning. I plan to vote in the CA elections in November 2002 before I move to FL. Semper Fi, Mike

[Ernest_at_the_Beach]

Oh how juicy, and from the LA Times!

Wonder who they will back for Governor?

[John Jorsett]

. I plan to vote in the CA elections in November 2002 before I move to FL.

Heck, keep voting after you move. They'll never purge you from the rolls, so you could vote absentee forever. (Of course, they'll probably also come after you for state income tax, so there'd be a downside.)