Well, we're trying to patch and fix and put a cast on a broken system here. You can call it what you want, but we'll continue to purchase power in a private market. Gray Davis breakcallcast Change image and share on social
We're not going to take this sitting down. We are fighting back. Gray Davis backfightsit Change image and share on social
We believe you will not have to pay more than the current rate structure proposes - which is, for 50 percent of the public, nothing; for another 25 percent, only a 10 percent increase; and for the remaining 25 percent, a 34 percent increase. Gray Davis currentincreasepay share on social
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 buildconsequenceearly Change image and share on social
They're the Federal Energy Regulatory Commission, and they will not do that. They will not pull the trigger. Gray Davis commissionenergyfederal Change image and share on social
I know that Duke made a number of demands, including that the attorney general drop its investigation. We have no intention of asking the attorney general to do that. Gray Davis attorneydemanddrop Change image and share on social
I don't know why they're doing it. I have to assume that their motives are positive, not negative. But they don't understand the severity of the problem in this state. Gray Davis assumemotivenegative Change image and share on social
Here is my general approach to the energy companies. You have already charged the utilities a 50 percent credit penalty for the power they were buying from you. You're charging us a penalty. You're not going to get two bites of the apple here. Gray Davis appleapproachbite share on social
I don't know if I would do this if I had to start over again. Gray Davis start Change image and share on social
We'll have a public power authority, which will also have the ability to build power or finance power. And more importantly, we'll have more power than our economy provides. All of that will give us leverage we don't have today. Gray Davis abilityauthoritybuild share on social