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Other utilities are not back online, either.
Utilities are not rewarded for offsetting the variable nature of wind and solar power.
"Utilities are not running out of steam," said Paul Ballew, G.M.'s chief sales analyst.
Today, municipal utilities are not regulated by the state's Department of Public Utility Control.
"This is the exploitation of new technologies, and utilities are not known for doing that," he said.
"Typically utilities are not at the end of a five-year bull market when a recession starts".
Similar(26)
The utilities aren't planning to make money, at least not at first.
But Los Angeles area utilities aren't solely seeking more fossil fuels to fill the gap in natural gas.
"Of course, gas and electric utilities aren't subject to the Freedom of Information Act, so you can't get records of them," he said.
Regulated utilities aren't the only culprits.
Utilities aren't a large part of our portfolio.
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CEO of Professional Science Editing for Scientists @ prosciediting.com