Green Mountain Pulls Out of Most California Markets

California Gov. Gray Davis ushered in the end of retail choice for electricity consumers when he signed a bill Feb. 1 that authorized the state to buy power on long-term contracts. Retailers already faced little room to maneuver because of frozen and extremely low retail rates established by lawmakers under the 1996 deregulation bill.

SAN DIEGO, CA, Feb. 5, 2001 — Coactive Networks, a provider of residential gateways for connecting the Internet to all devices in homes and businesses, and Metering Technology Corporation (MTC), a leading supplier of low-cost meters for energy measurement and communications solutions, today announced an agreement for the integration of their technologies to deliver an intelligent, Internet-based meter reading and output control solution for low-cost mass deployment by utilities.

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