[Ernest_at_the_Beach]

Calpowercrisis:

To find all articles tagged or indexed using Calpowercrisis, click below:
	click here >>>	Calpowercrisis	<<< click here
(To view all FR Bump Lists, click here)

[Grampa Dave]

I will believe it when I see it. Fascist Davis and his socialists in and out of Sacramento are pushing for partial free lunches for the masses of Kali re their electrical bill. They will try to reduce the costs for a chosen few and stick it to the rest of us!

[Mind-numbed Robot]

These "savings" seem to be window dressing for political consumption, a way for Grayout to claim to have done something. If I order 10 cases of something but later cut the order back to 8 cases, did I really "save" anything? And when I add the caveat that if I need the other two cases after all, the supplier must pay damages if he cannot supply them, have I really done anything meaningful? It sounds to me that the entrepranuers came out ahead again but the politicians will balleyhoo this as victory.

[eureka!]

Let's see, I buy 100 widgets from you at $10,000 each (now selling for $1,000 each). You agree that you will knock 25 off my order. Even though I will still need the widgets, I have saved $250,000, or so Grayout would suggest....

[monkeyshine]

it does send a signal to other companies that the state is willing to negotiate.

No sh!t the state is willing to negotiate. We signed contracts worth up to 5 times the going price for electricity!

I say this all the time, I will repeat it here. Never, ever, ever can a politician outsmart a good businessman. The businessmen will always have the upper hand, because they know their business better than the politician, and the politician has pressing needs that the businessman can outlast and manipulate to his advantage. That is why it is foolish for the state to ever try to run businesses and negotiate with businesses like we did with the power companies. We were doomed from the beginning.

[ElkGroveDan]

Six months were cut from each of two 12-year wind- power contracts with Whitewater Hill and Cabazon Wind.

So what's that, about a 4% cut in the duration of the contract?

That's sort of like standing on a step ladder to get a better look at the moon.