Why? Because we’re very well down this process as it is – flawed as it is – and we’re counting on getting more power plants on line by the end of 2003 so we have a surplus of power. Gray Davis Read Quote
Well, there’s no question that the law passed in 1996 was flawed. It deregulated the wholesale market, meaning the price that the utilities had to pay energy companies for power, but not the retail market. Gray Davis Read Quote
We started focusing on this in earnest late summer and early fall. I can build more power plants. In the 12 years before us, not a single plant of major consequence was built. Gray Davis Read Quote
