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California gets bill, not refund.(U.S. Federal Energy Regulatory Commission; bill for $1.2 billion)(Brief Article)

Energy User News

| February 01, 2003 | COPYRIGHT 2003 BNP Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Instead of a refund, a Federal Energy Regulatory Commission (FERC) administrative law judge on December 13 handed California a bill for $1.2 billion.

Despite California's claim that it was owed $8.9 billion as a result of overcharges by electricity suppliers, the judge concluded that consumers deserved a refund of only $1.8 billion, a figure offset by the $3 billion in unpaid bills to energy suppliers, leaving $1.2 billion still unpaid.

State officials said the commission had so restricted the scope of refund hearings that ...

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