Gov. Gray Davis may have trouble persuading lawmakers to approve his plan to purchase Southern California Edison's transmission lines to help shoulder the utility's debt, legislators said Monday.
The governor will spend the week lobbying for support for his plan to buy the power lines for $2.76 billion. But legislators of both parties are challenging the agreement he reached with Edison a week ago.
All three of the state's investor-owned utilities have been facing financial problems for months because of high wholesale rates they have been unable to pass on to consumers under the state's 1996 deregulation law.
Davis spokesman Steve Maviglio said negotiators hope to reach agreement to buy San Diego Gas and Electric's transmission lines within a week.
But lawmakers asked if it does the state any good to buy Edison's portion of the transmission system now that Pacific Gas and Electric has opted to declare bankruptcy rather than accept Davis' offer for PG&E's share of the power grid.
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Keep the discussion civilized. Absolutely NO personal attacks or insults directed toward writers, nor others who make comments.
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PLEASE TURN OFF YOUR CAPS LOCK.
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