Major scandal after SDG&E and Sempra Utilities keep vital documents secret

[bananas]

http://ucan.org/energy/electricity/major_scandal_after_sdg_e_keeps_vital_documents_secret

Major scandal after SDG&E and Sempra Utilities keep vital documents secret
Posted May 16th, 2007
UCAN News

http://www.signonsandiego.com/news/business/20070516-9999-1b16sdge.html

SDG&E hid information, groups allege
Cost-cutting plan is still under review, utility says

By Craig D. Rose
San Diego Union Tribune May 16, 2007

Two of California's largest consumer groups are alleging that San Diego Gas & Electric improperly withheld key information from a request for a $1.5 billion rate hike.

The locally based Utility Consumers' Action Network and The Utility Reform Network in San Francisco said SDG&E kept secret a major cost-cutting plan while it was telling state regulators it needed the $1.5 billion over six years to deal with rising costs.

<snip>

Michael Shames, executive director of UCAN, said the failure to provide the cost-cutting plan earlier is unacceptable.

"In the 20 years I have been doing this, I have never had an experience where a utility withheld a blueprint that had material impact," Shames said. "Utilities fudge all the time, but this is the regulatory equivalent of keeping a double set of books."

<snip>

[aquart]

1. Hey, executives need their bonuses!