Competitive Retail Energy For Consumers Media Statement in Response to Federal Energy Regulatory Commission's Order on California's Electricity Power Markets.Business & News Editors SACRAMENTO Sacramento, city, United States Sacramento (săkrəmĕn`tō), city (1990 pop. 369,365), state capital and seat of Sacramento co., central Calif. , Calif.--(BUSINESS WIRE)--Dec. 15, 2000 Competitive Retail Energy For Consumers released the following statement today in response to media inquiries about the FERC's order today affecting California's electric power markets: "We are pleased to see that FERC FERC Federal Energy Regulatory Commission FERC FEMA Emergency Response Capability is unwavering in its support for developing competitive electric power markets in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). . While today's order illustrates that FERC continues to move in the right direction, Competitive Retail Energy For Consumers is concerned by FERC's lack of attention to the development of retail energy markets. "Approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. 150,000 California consumers have already benefited from retail energy markets and millions more deserve the opportunity to do the same. Ultimately, any solution to the crisis in California's electric power markets must include the development of retail energy markets because they provide residential customers and small businesses the opportunity to make their own decisions about the best way to spend their energy dollars. This critical aspect of the energy markets was not adequately addressed in AB 1890; today California has a new opportunity to put real, competitive choice into the hands of consumers. Unfortunately, the FERC order provides California with little guidance on this crucial issue. Competitive Retail Energy For Consumers stands ready to work with both federal and state policy makers as we begin the difficult process of improving California's electricity markets." Competitive Retail Energy For Consumers serves nearly all of the 150,000 California customers who have chosen a competitive energy provider instead of their traditional utility provider. CREC CREC Capitol Region Education Council CREC Certified Real Estate Consultant CREC Confederation of Reformed Evangelical Churches CREC Center for Research in Electronic Commerce (University of Texas at Austin) members include AES NewEnergy Inc., Enron Energy Services Enron Energy Services (EES) was a business unit of Enron Corporation, whose purpose was to provide gas, electricity, and energy management directly to businesses and homes. Enron compared the service to choosing a telecommunications company to provide your house with a phone line. Inc., GreenMountain Energy Company, New Power Co., Commonwealth Energy Corp., Strategic Energy L.L.C., Chevron Energy Solutions, PHASER PHASER Phased Energy Rectification (Star Trek) PHASER Photon Amplification By Stimulated Emission of Radiation :-) Advanced Metering Services and Shell Energy Services. |
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