Reliant executive calls for a ‘benchmark’ price in California

Oct. 26, 2000–Setting a “benchmark price” of 7.5 cents/kWh for retail electricity rates would help resolve problems in the California market, say executives at Reliant Energy Inc., one of several big power wholesalers in the state.

Oct. 25, 2000–Total net U.S. electricity generated rose 2% in the first 7 months of this year, compared to 1999, despite a 4% decline in July, government analysts said Tuesday.

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