U.S. Senator Dianne Feinstein is urging Governor Schwarzenegger to sign an energy deregulation bill he opposes and is expected to veto. The governor has the opportunity to prevent another energy crisis, she said in a letter released to the media by her office.
The bill by Assembly Speaker Fabian Nunez would require utilities to prepare long-range plans to meet their customers´ power needs. It also would let utilities again build their own power plants if the Public Utilities Commission determined that was the most cost-efficient electricity source.
Schwarzenegger opposes the measure, however, because it doesn´t allow utility customers to shop around for cheaper power.