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Electricity Production and Distribution

A collection of news and information related to Electricity Production and Distribution published by this site and its partners.

Top Electricity Production and Distribution Articles

Displaying items 111-121
  • DWP union says the mayor should have supported compromise electric rate hike

     
    In the latest sign of fallout from the electric rate dispute at Los Angeles City Hall, the head of the union that represents Department of Water and Power employees said Mayor Antonio Villaraigosa should have embraced the City Council's compromise......
  • L.A. City Council grills DWP executive, asks agency for help in budget crisis

     
    With the city’s financial solvency hanging in the balance, the Los Angeles City Council called on Mayor Antonio Villaraigosa on Tuesday to corral his appointees on the board of the city’s public utility and convince them to hand over $73.5......
  • L.A.'s bond rating is cut as fiscal fight escalates

     
    Amid the high-stakes financial battle at City Hall, credit rating firm Moody’s Investors Service lowered Los Angeles’ bond rating effective Wednesday -- and warned that the city risks further downgrades. Moody’s cut L.A.’s general-obligation...
  • L.A. City Unions Coalition questions Villaraigosa's authority to shut down services two days a week

     
    The financial dominoes are continuing to topple at Los Angeles City Hall, with a Wall Street rating agency issuing a new downgrade of the city's credit, largely because of the Department of Water and Power's refusal to transfer $73.5 million......
  • Breakthrough may be near in Villaraigosa-council dispute over electricity rate boost [Updated]

     
    Los Angeles Mayor Antonio Villaraigosa and City Council members may be close to a breakthrough in their protracted dispute over how much the municipal utility should charge ratepayers and how much it should contribute to the city’s troubled treasury....
  • L.A. councilman calls for one-year moratorium on rent hikes

     
    Los Angeles City Councilman Richard Alarcon called Wednesday for the passage of a one-year moratorium on rent increases for more than 600,000 apartments across the city, saying the economic downturn has hurt families living in those buildings. Appearing...
  • L.A.'s budget chief returns to work after nearly three weeks of rehab

     
    The top budget advisor at Los Angeles City Hall returned to his post Thursday morning, nearly three weeks after he was arrested on suspicion of drunk driving. City Administrative Officer Miguel Santana was back in his office one day after......
  • Nearly 5% electric rate hike approved by DWP board

     
    Los Angeles Mayor Antonio Villaraigosa’s appointees at the Department of Water and Power approved a 4.8% electric rate increase Thursday, with utility officials warning that the political standoff over the issue had put the city’s renewable energy...
  • L.A. gets $60-million stimulus grant for 'smart grid' electric power system

     
    The federal government today awarded Los Angeles a $60-million grant to help modernize the city’s electrical power system. The money will be used for “smart grid" demonstration projects at USC and UCLA. The projects will allow the city’s...
  • 'Correction' camp on Wall Street at 17-year high

     
    Remember that 10% stock market “correction” that much of Wall Street was anticipating a few months ago – but it never came? Hope springs eternal: The percentage of investment newsletters expecting a 10%-or-so decline, or correction, in the short...
  • Justices examine energy crunch

    Supreme Court justices on Tuesday heard a recounting of what lawyers called "the worst electricity market crisis in history." And they heard the story of how Enron Corp. and others helped create the spike in electricity prices in California and the West...