California regulators approve rate cap

Consumption in excess of these amounts will cost consumers market rates. The rate only affects Sempra Energy unit San Gas & Electric Co. customers, who have been hurt by volatile prices in a state-sponsored energy auction conducted by the California Power Exchange. The California utility is the first in the state to directly pass costs through to its customers. Other state utilities are scheduled to do the same by March 2002.

MALVERN, PA—SCT is acquiring the EnerLink business unit, a complex billing and rates management software developer, from SAIC. This acquisition gives SCT and its clients increased charge handling and billing capabilities, including interval data collections and calculations, which supports real time energy pricing and meter data acquisition. These capabilities exist in very few energy billing systems.

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