Electric Rate Rebates Ordered
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Consumers who cut their power use 20 percent this summer will get a 20 percent rate rebate.
Governor Gray Davis has ordered the conservation incentives using his executive powers. The order affects residential and business customers of Pacific Gas and Electric.
The state Senate is getting ready to take a hard look at whether California´s troubled energy market has been manipulated by power producers to drive up prices.
At a news conference this morning, Democratic Senate leader John Burton said a select special committee is being formed to look at the issue.