On the recordJuly 31, 2001
Right now, because the Governor waited so long to do any price increases, the PUC eventually raised prices up to about 48 percent. We have a home in California and pay generally when we are not there about $48 a month, and it went up to about, in our particular case, almost $200 a month, even when we are not there on occasion, and so the price increases are very steep in California. Californians are beginning to feel that right now. But they should know that had the Governor acted earlier, the price increases would have only been about 20 to 25 percent and would have corrected the problem and, frankly, saved the State billions of dollars, at least $8 billion, probably $20 billion.
Source
govinfo.gov
