California bid to recoup stranded costs slammed by consumer coalition

Shah, Angela
October 1997
Bond Buyer;10/08/97, Vol. 322 Issue 30247, p5
Trade Publication
Reports on the Alliance to Protect Electricity Consumers' criticism of the state of California for its planned sale of $7.3 billion in taxable rate reduction bonds. Concerns about the burden placed by the bond sale on taxpayers; Claims by the group that electric utility deregulation in the state only benefits corporations and market participants who profit from bond offerings.


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