Quotes about utilities (16 Quotes)



    This country has achieved its commercial and financial supremacy under a regime of private ownership. It conquered the wilderness, built our railroads, our factories, our public utilities, gave us the telegraph, the telephone, the electric light, the automobile, the airplane, the radio and a higher standard of living for all the people than obtains anywhere else in the world. No great invention ever came from a government-owned industry.

    Well, there's no question that the law passed in 1996 was flawed. It deregulated the wholesale market, meaning the price that the utilities had to pay energy companies for power, but not the retail market.


    It's past the time for study commissions and committee meetings. If the governor wants to lead on ethics, he can do two things - call for Jim Black to step aside as speaker of the House, and rescind Bill Culpepper's appointment to the Utilities Commission for taking a contribution from a regulated utility after he was appointed.


    The risk presented by these lethal wastes is like no other risk, and we should not be expected to accept it or to project it into the future in order for manufacturers and utilities to make a dollar killing now.

    This is a government takeover of our healthcare system. It is the government basically running the entire healthcare system, turning large insurers into de facto public utilities, depriving people of choice, depriving people of options, raising people's prices, raising taxes when we need new jobs.



    Nearly all of our existing power sources are generators which use a heat cycle. This includes our coal, oil, and gas fired utilities, our automobiles, trucks, and trains, and even our nuclear fission utility power plants.

    We don't think these large mergers are good for consumers. They put more utilities in fewer and fewer hands, increasing the likelihood of complex financial structures that will be less transparent and undermining the ability of state regulators to protect consumers.

    I think there is a lot of bullish action taking place under the broad market indices that is not related to technology, but in terms of financial services, industrials, chemicals, utilities -- areas that don't significantly play in terms of weight.

    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.

    We have to be able to restore in the minds of the financial community the creditworthiness of California and its public utilities, or we will not have the ability to borrow the money to keep the lights on,

    Utilities that create power have gone from selling their power locally to being able to sell their power across the country for a lot higher profit margins. We don't have the ability, even as a pool, to get low cost power anymore. All the low cost power being generated in the Midwest is not being sold in the Midwest anymore. It's being shipped to the coasts where they can make more money.

    If the State Legislature determines that it wants these projects to move ahead and commits to that by requiring utilities to pay producers for their power, then they'll take off. If not, it's going to be very difficult to make digesters operational in California.



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