I definately give Arnold credit for the rate reduction in the same way I give Reagan credit for getting the Iranian hostages released.
Davis was the most patently corrupt governor this state has ever seen and that is saying alot. Everything he did, and I mean everything, involved paying back contributors, from the prison guards, the teachers unions on through to electric providers Edison and PG&E. He fiddled while the state burned.
He agreed to rediculous rates, something no other state even remotely approaches. I believe it to be simple graft to his largest corporate sponsers, Edison and PG&E. A high school drop out could have made better business deals for the state with regard to electricity than Davis. Davis had oversight and control over the rate commision and he did nothing to increase capacity for his entire 5 years. Good riddence.
Please understand, if you live in Los Angeles, you were not subject to the rate increases that the rest of California took because you have DWP which is one the few remaining good legacies of Mulholland. It still controls more electric capacity than it consumes.
>>Please understand, if you live in Los Angeles, you were not subject to the rate increases that the rest of California
I live in the L.A. area, but outside the DWP territory. I did see the increases in my Edison bill--but I never saw any decreases. I am still trying to figure out what action that Arnold supposedly took that would have theoretically changed my electric bill. What rate reduction?
I know Davis and Sacramento were corrupt, I just haven't seen any change.