Committee to Examine High Energy Costs
A Senate select committee examining the sharp increase in the wholesale cost of energy will hold a daylong public meeting May 18 in Irvine to take testimony from consumers.
Sen. Joe Dunn (D-Garden Grove), head of an eight-member committee investigating prices on the wholesale energy market, will lead the meeting. Dunn says the demand for electricity in California has increased 4% over the last year, but the wholesale cost of power has gone up 266%, Dunn says.
Public Utilities Commission President Loretta M. Lynch is expected to testify at the hearing, which begins at 9 a.m. and runs until 5 p.m. It will be at Irvine City Hall, at One Civic Center Plaza.
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