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
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
Duke came to us. They volunteered to come to us and made a number of suggestions to some people on my staff. I don't know how I would characterize them, but there have been some discussions going back and forth between Duke and members of my staff. Gray Davis backcharacterizediscussion share on social
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
Now, in the space of a year, we've spent 450 percent more for power than we did the year before, and bought essentially the same amount of power. This year, that number's likely to go up. That can't go on forever and have us continue to be the economic engine for America. Gray Davis americaamountbuy 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
Meanwhile, people have to join us and fight back against the federal government that has dropped the ball, that is in bed with these energy companies, that wants them to make more money than they've made before. Gray Davis backballbed share on social
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 countendflawed 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