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Mary Hoffman takes on CPUC
what caused the 2008 financial issues was too much regulation - banks were forced under the CRA to loan money to those that would not and could not pay it back - the Bush administration tried numerous times to regulate that issue but congress blocked it - in particular democrats on the committee -— September 29, 2012 8:12 a.m.
Mary Hoffman takes on CPUC
“It soon became apparent that the price that the utilities commission had authorized that Edison would have to pay was a nonstarter. My company would not have made any money for 14 years,” she says." little problem with that - they already pay the highest amount on any market for solar - and she gets ratepayer and taxpayer subsidies equaling close to 50% of her investment - sounds like her issue is not the PUC but her business plan -— September 29, 2012 8:09 a.m.