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A Closer Look (Power Crunch) #193368

ABC Evening News for Monday, Jul 17, 2000
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(Studio: Peter Jennings) The problems with the electrical power business introduced.

(San Diego: Bob Jamieson) The impact of rising electrical power costs in San Diego examined; details given of how deregulation caused the problem. [Three PEOPLE - react to the doubled rates. [San Diego Gas and Electric president Edwin GUILES - cites supply and demand.] [Utility Consumers Action Network Michael SHAMES, state senator Steve PEACE, resident Mika MARTHENEY - comment.]

(Studio: Peter Jennings) How deregulation was supposed to work outlined.

(Washington: Betsy Stark) The realities of electrical power deregulation as the industry shifts from government monopoly to a free market examined. [Wisconsin Energy Corporation CEO Richard ABDOO - talks rates.] [Pace Law School Energy Project Edward SMELOFF - says deregulation led to problems.] [Association of Regulatory Utility Commissioners Charles GRAY - says there is a reluctance to build new generators.]

(Studio: Peter Jennings) ABCNews.com coverage of electrical power problems noted.

Reporter(s):
Jamieson, Bob;
Jennings, Peter;
Stark, Betsy
Duration:
00:05:00

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