The LA Times published a story concluding that customers at California's investor-owned utilities -- which permit only a minimal, capped amount of customer choice -- pay "way more" than customers at the state's municipal and publicly owned utilities.

However, the Times notes that, "The public agencies have their problems as well, including in Los Angeles, where a recent audit found $40 million of ratepayer money was spent on overpaid managers, personal expenses and vendors hired without competitive bids."

The Times also noted charges that higher rates at Riverside's utility were used for other city expenses.

See the LA Times for the story

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California   Electric Rates  

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