Calif. consumers may see rebate from energy crisis

Published February 20, 2013 2:42am ET



SACRAMENTO, Calif. (AP) — California electricity consumers could see $1.6 billion in refunds from energy wholesalers that profited from the state’s energy crisis more than a dozen years ago, if an administrative law judge’s recommendation holds up under review, regulators said Tuesday.

The California Public Utilities Commission praised the judge’s interim ruling as a victory for a state that saw energy prices spike to unprecedented heights amid rolling blackouts in the summer of 2000. The state itself bought billions of dollars’ worth of electricity to keep the lights on.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.