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At the time the city remained badly flooded, with utilities out and the police force under strain.
Across the country, more than 100 bases have put their utilities out for bid, and about a dozen contracts have been awarded.
The coaches gave up looking for a genuine open-side substitute some seasons ago, and now just put loose-forward utilities out there when McCaw needs a sit down.
One stock group that Bernstein especially likes is utilities, out of favor at a time of rising rates.
That ratio "is not reasonable, imposes great expenses on consumers, and threatens to put covered electric utilities out of business," the petitioners concluded in their argument against the rule.
But don't expect the high-cost utilities to succumb without extracting compensation: Last year, bowing to threats of utility job losses and even bankruptcies, California and Pennsylvania legislators agreed to bail utilities out of nuclear power plants and other high-cost assets so that they would have a better chance of competing in the new, open markets.
Similar(54)
Because of the electricity shortage and the financial troubles of utilities, out-of-state companies that sell power to California are charging exorbitant prices on the spot market for immediate delivery.
Right now most utilities find out the lights are out only when customers call, which leads to costly and at times unnecessary trips into the field by linemen.
He also wants to spend $2 billion a year helping utilities figure out how to filter carbon dioxide out in their chimneys and bury, or sequester, it underground.
Utilities were out of favour as investors turned their attention back to riskier assets.
But the utilities point out that safety concerns arise in moving the fuel to casks, too.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com