Statement from Attorney General Bill Lockyer on FERC Order for Additional Discovery of Market Misconduct Evidence in Case Against Power Sellers
(SACRAMENTO) – Attorney General Bill Lockyer today issued the following statement in response to the Federal Energy Regulatory Commission's order granting additional discovery in California's case seeking refunds from power sellers.
"We're pleased with FERC's action. The order, and the federal appeals court ruling it implements, vindicate the position we have taken all along -- that FERC had ignored substantial evidence of market misconduct in calculating, and limiting, our refunds. Hopefully, the end result of today's order will be to increase the compensation California electricity consumers receive from the power sellers that gouged them during the energy crisis."