Consumers should get all this refund

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webmaster | 10/05/13
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For the 47th time in the last 10 years, an out-of-state electricity generating company has just agreed to repay big bucks to Californians for overcharges during the power crunch of the early 2000s.

The question now is whether consumers will see much of the $750 million British Columbia Hydro and its Powerex division agreed to cough up.

Despite newspaper headlines and television news teasers saying customers of Pacific Gas & Electric, Southern California Edison and San Diego Gas & Electric will get significant credits on their electric bills, that is not certain.

“Our press release was deliberately vague about who actually will get the money because that will still have to be decided by the state Public Utilities Commission,” said a spokesman for Attorney General Kamala Harris, who negotiated the latest settlement...

 

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