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Federal Regulators Wants California To Speed Up Energy Payments

Federal energy regulators are pitching in to help power generators collect a 1.2 billion dollar electric bill from the state of California. The state has been slow to pay generators because it didn´t get an invoice.

The Federal Energy Regulatory Commission is ordering the power grid manager, who pays the generators, to bill the state within 15 days.

This post was last modified on 01/31/2009 5:56 pm