TITLE

California PUC Institutes Fee for 'Direct Access' Clients

AUTHOR(S)
Finestone, Deborah
PUB. DATE
November 2002
SOURCE
Bond Buyer;11/11/2002, Vol. 342 Issue 31510, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that the California Public Utilities Commission imposed a fee on former utility customers who opted for 'direct access' power purchases from non-utility providers under the state's energy deregulation plan as of November 2002. Impact of the move on revenues of the California Department of Water Resources; Effect of the move on bond-holders of the department; Sale proceeds of the DWR power bond deal for bonds maturing in 2004 and 2006.
ACCESSION #
8674257

 

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