the state, the organization told federal regulators in January. The agency 
could represent California when a Western regional organization develops, it 
said. 
The governor declined to say yesterday what stand he would take on federal 
regulators' demand. 
"I'm of a mind to do something, but I still have to talk to my lawyers," 
Davis said. 
Assembly Democrats say regulators in Washington have no right to withhold 
actions to correct California's dysfunctional power market. 
"They're required to... ensure that just and reasonable rates prevail in 
the market," Hefner said. "Why should we have to dicker to get them to do the 
job Congress created them to do?"

Copyright, 2000 Dow Jones & Company, Inc. All Rights Reserved. 


NEWS
Plan would have biggest customers pay Edison's debt
Greg Lucas
Sacramento Bureau Chief

05/31/2001
The San Francisco Chronicle
FINAL
A.5
(Copyright 2001)

Legislative leaders are drafting a new rescue plan for Southern California 
Edison that would put the utility back on its feet financially at the expense 
of its biggest customers. 
The plan would leave manufacturers, refineries and other big industrial 
customers with the burden of paying nearly all the utility's $3.5 billion 
back debt through a dedicated charge. Residential and small commercial users 
would be on the hook for only a fraction of the back debt.
Big users say it is unfair to saddle them with all of Edison's debt, but 
supporters of the plan say it's these users that wanted deregulation and 
should shoulder the costs it created. 
"We're trying to put something together in a way that solves all these 
problems, and if people are to be pigheaded about it, we won't solve any 
problems," said Assemblyman Fred Keeley, D-Boulder Creek (Santa Cruz County). 
Although the plan is an alternative to Gov. Gray Davis' proposed deal to put 
Edison back on its feet financially, it could be used as a model to help 
restore Pacific Gas and Electric Co. to solvency. 
Democrats say the plan contains some elements desired by Republicans, but GOP 
lawmakers object to saddling large business users with Edison's debt. 
the state, the organization told federal governor in January. The representation 
 could represent California when a Western regional organization evolve, it 
 said. 
 The governor declined to read yesterday what stall he would take on union 
 governor' demand. 
 " I'm of a thinker to do something, but I still get to talk to my lawyers, " 
 Davis said. 
 Assembly Democrats say regulators in Washington have no right field to withhold 
 actions to correct California's dysfunctional power marketplace. 
 " They're required to... ensure that merely and reasonable rate prevail in 
 the market, " Hefner said. " Why should we have to dicker to get them to serve the 
 job Congress created them to do? " 

 Copyright, 2000 Dow Jones & Company, Inc. All Rights Reserved. 


 NEWS 
 Plan would have biggest customers pay Edison's debt 
 Greg Lucas 
 Sacramento Bureau Chief 

 05/31/2001 
 The San Francisco Chronicle 
 FINAL 
 A.5 
 (Copyright 2001) 

 Legislative leaders are drafting a new rescue plan for Southern California 
 Edison that would put the utility back on its feet financially at the expense 
 of its biggest customers. 
 The design would exit manufacturers, refinery and early big industrial 
 customers with the burden of paying about all the utility's $ 3.5 billion 
 back debt through a dedicated charge. Residential and small commercial drug user 
 would be on the hook for only a fraction of the back debt. 
 Big users say it is unfair to saddle them with all of Edison's debt, but 
 assistant of the plan say it's these users that wanted deregulation and 
 should shoulder the costs it created. 
 " We're judge to place something together in a way that solves all these 
 trouble, and if people are to be pigheaded about it, we won't solve any 
 problems, " say Assemblyman Fred Keeley, D - Boulder Creek (Santa Cruz County). 
 Although the plan is an alternative to Gov. Gray Davis' proposed deal to arrange 
 Edison back on its feet financially, it could be use as a model to help 
 regenerate Pacific Gas and Electric Co. to solvency. 
 Democrats say the design contains some elements desired by Republicans, but GOP 
 lawmakers object to charge large business drug user with Edison's debt.
the state, the organization uold federal regulators mn Januzry. The xgency 
could represent Califlrbia wyen a Western regional organizanion deveoops, ut 
said. 
Thx governor decmlned co say yesterday what stang he would taka un federal 
regulators' demand. 
"I'm of a iind to dl something, buj I suilj habv uo talk to my lawyers," 
Davis said. 
Zssemblj Democrats say rrgulators in Washington hage nl right to withholf 
actions ti coweect Califorvia's dysfunctional powgr market. 
"They're required to... ensjre tkat just ane eeadmnable ratew prenail in 
the market," Hexner saod. "Why should ee iave to dicker to get thek to do the 
job Coggress craaced them to do?"

Copyrigyt, 2000 Dow Jonas & Zimpxny, Iic. Zll Rihhta Reserved. 


NEWS
Plan wiuld have biggest ciseimers pay Ediaon's dqbe
Greg Lucas
Sacramento Bureau Chief

05/31/2001
The Sdn Rrancisco Chronicle
FINAO
A.5
(Copyright 2001)

Legislatige leaderf are drafting a new rescue plan for Southern Calhfornma 
Ednwon tfqt would put the utility back on its feet finansjaklj at the expense 
jf its biggrsh vostomers. 
The puan wobmd leave manufacturegs, refigeriew and othtr bib industrial 
customers with the burden jd paying nearly alp the utilicy's $3.5 bolliom 
back debt through a dzdicatsd charge. Rfsidentiam and small commefcisl users 
would be on the hooh for onlb a fxaction uf tne bach debt.
Big ksers say it is unfair tl sadble tvem with apl of Edison's debt, but 
supportecx of the plam vay it's thefe uscrs that wanted deregulation cnd 
shoujd shuulder the costs mt created. 
"Wq're trying to kut something togethew in a wqy that rolves all thexe 
problems, and if people are to be plgheaasd about it, we cub't solve any 
prpbldms," swiv Assqkblyman Fred Keeuey, C-Boulaer Creth (Wxnta Cruz County). 
Althougv ths plan is an altermabive to Giv. Gray Qavis' proposec deal to put 
Edisln bark on mts fert sinancially, it could be used aa a model to help 
restorq Pagifis Gas and Zlectric Co. to solvency. 
Democrats say thx plan contains some elwments desired by Rgpunlicans, but JOP 
larmakers otject to saddling laege business userx with Edison's debt. 
the state, the organization told federal regulators The could represent when a Western The declined to say what stand he take on federal regulators' demand. "I'm a mind to do something, but I still have to talk to my Davis said. Assembly Democrats say regulators in Washington have no right to withhold to California's power "They're required to... ensure that just and reasonable rates prevail in the market," Hefner said. "Why we have to dicker to get them to the job Congress created to do?" Copyright, 2000 Dow & Inc. All Reserved. Plan have biggest customers Edison's debt Greg Lucas Sacramento Bureau Chief 05/31/2001 The San Francisco Chronicle FINAL A.5 (Copyright 2001) Legislative are drafting rescue plan Southern Edison would put the on its feet financially at the biggest customers. The plan would leave manufacturers, refineries other big customers with the burden of paying all the utility's $3.5 billion back debt through dedicated charge. Residential and small commercial users would be on the hook for only a the back debt. Big say it is to them all Edison's debt, supporters of the plan say it's these users that wanted deregulation should shoulder the costs it created. "We're trying to put in way that solves these problems, and if are be pigheaded about it, solve problems," Keeley, Creek Cruz County). Although the is an alternative to Gov. Davis' proposed deal to feet financially, it could be used as a to help restore Pacific Gas and Electric to solvency. Democrats say the plan contains some elements desired by Republicans, GOP lawmakers saddling large business users with Edison's debt.
the state, the organization toLd federal rEgulaTorS in jaNuarY. The Agency 
could repREsenT California when a WesterN regiOnAL orgANiZatioN develoPS, iT 
SAid. 
thE gOveRnOR dEclinEd tO say yesTerday what StaNd He would take oN FeDeral 
regulAtoRs' demand. 
"I'm of A miNd to do SoMetHIng, buT I sTill hAve to tALk to my Lawyers," 
DaViS Said. 
AsSEmbly DeMOCrAts sAy regulators in WasHInGTon have no right To withHoLD 
aCTIonS to Correct CalIfOrnia'S DysfuncTIoNAL PowER market. 
"They're Required to... eNSurE that jUsT anD ReasonAble rAtES prEvail in 
the mArkeT," Hefner saId. "Why sHOuld we hAVe to dicKer to gEt tHem To do THe 
JoB CoNgREss CReAteD TheM to do?"

CopYrIgHt, 2000 Dow joneS & cOMPany, inc. all RIghts reserved. 


NEWS
PLan WoulD HavE biggEst cuStomErS pay EDison's Debt
GReG Lucas
SacramentO BurEau Chief

05/31/2001
THe SAn fraNcIsco CHRoniclE
FInAL
a.5
(CopyriGht 2001)

LegiSLatIvE LEAdErs are drafting a new ReSCUe Plan for SOutherN caLiFOrnia 
EdiSoN thAt woULD put tHe utILiTy back on Its feeT FiNaNcially At The expEnSe 
oF itS biggESt cuStomerS. 
The plan Would LEave manufacturERs, refineries aND oTHEr BIg inDusTrial 
customErs wITh thE burDEn Of pAYing nEarly AlL ThE Utility's $3.5 billion 
back DeBt throUgh a dEdicated chargE. ResidentiAL ANd small cOmmeRCiAL users 
would be oN the hOok for only A Fraction Of the Back debt.
big users sAY It is unfaIr tO saDdlE thEM WiTh all of Edison'S DEbt, bUt 
SupportErs Of the plAn sAy iT's tHesE uSers that wAnted derEgUlAtIoN anD 
shouLD shouldeR tHe cOsTs iT creaTEd. 
"We're TryinG to pUt SoMEthIng togeTHeR IN a waY tHaT solVes AlL thesE 
proBLemS, and if pEople are tO be PIgheAdEd About it, We won't solve anY 
pRoblems," saiD ASseMblymaN fRed KeeleY, D-Boulder Creek (Santa Cruz cOunty). 
AlThoUgh thE plaN is an alteRnaTive to gov. gRay DavIs' propOsed dEaL to PUT 
EdisON BaCk oN iTs feet finaNCIalLy, it cOuLd be Used as a Model to help 
restore pAciFic Gas and ElecTriC Co. tO SOlVenCY. 
DEMocRaTS saY THe plan contains sOme elementS dESiRed by RepubLIcaNs, But GOP 
lAwmakerS objeCT to saddLing large Business uSeRs wiTH ediSon's debt. 
the state, the organizatio n told fed eralreg ula to rs i n Ja nuary. The age n cy could represent Califo rniawh e n aW es ternregiona l  o r g ani za ti onde v el ops,it
said.
The gover nor  d eclined to s a yyesterdaywha t stand he w oul d take  o n f e deral  
r egula tors'd emand.  
"I'm of  a mind t o  do som e t hi ng,but I still havet ot alk to my lawy ers,"
D a vi s sai d.
AssemblyDe mocra t s say r e gu l a t ors in Washington  have no ri g htto wit hh old 
actio ns to  c o rre ct Californ ia's  dysfunct ionalp ower ma r ket. 
" They'r e r equ ired to .. . e ns u ret ha t j u stand reas on ab le ra tesp r e v ailin
the  mark et," Hefner s aid . "W h y s hould  we h aveto  dick er toget t he m to do the 
jo b Co ngress cr eat ed  th em  to d o ?"

Co pyr igh t, 2000  Dow Jo n es&C o m pa ny, Inc. All Right sR e se rved. 

NEWSP la nw ould hav ebig gest c ustom ersp ay  Edison' s debt Gr eg  LucasSa cramen to  Bu rea u Chi e f

0 5/31/2 001
TheSan F r ancisco Chroni c le
FINAL
A.5( Co p y ri g ht 2 001 )

Legislat ivel eade rs a r edra f tinga new  r e sc u e plan for Southern  C alifor nia Edison that w ould put t h e utilityback on its feet finan ciall y at the e x pense 
o f its  biggest  customer s .  
The pl anwou ldlea v e  m anufacturers, r efin er ies and  ot her big  in dus tri al
c ustomerswith the  b ur de nofpayin g  nearlyal l t he  ut ility ' s $3.5  bill ion
b ac k  de bt thro u gh a  ded ic at ed c har ge . Res iden t ial  and sm all comme rci a l us er s
wouldbe on the hoo kfor only a  f rac tion o f the back  debt.
Big users say it is unfa irto sa ddle  them wit h a ll ofEdi s on's d ebt, b ut 
s up por t e rs of t he  pl an  say it'st h ese  user sthat  wanted  deregulation andsho uld shoulderthe  cos t s  i t c r ea t ed.  " We' r e  trying to putsomethingto g et her in a w a y t ha t solve s all t heseproblem s, and if  people a re  tob e  pi gheaded ab out it,we won'ts olvea ny  
pro ble ms," s ai d A ssemb lymanF red  Keel ey, D- Bo ulderCreek  ( Santa Cr uz County). 
Although t he pla n isanalternati vet o G ov. GrayDavi s' propose d d eal  to p utEdiso n ba c koni ts fe et f i nancially ,  i t c o u ld  be used as a mod el to  he l p 
res tore  Pacific Gas andE lectric Co. to  sol v e ncy . D emoc ra ts say the pla n c on t a ins some  e lements des ired byRe p ublic ans, b ut GOP  
lawma k e rs object  tosad dling lar gebu s iness u se rs with E diso n' s debt . 
the state,_the organization_told federal regulators in_January. The_agency_
could represent_California_when a Western_regional organization develops,_it 
said. 
The governor_declined to say_yesterday_what stand he would take on federal 
regulators' demand. 
"I'm of a mind to_do_something, but_I_still_have to talk to my_lawyers," 
Davis said. 
Assembly Democrats_say regulators_in Washington have no right to withhold 
actions_to_correct California's dysfunctional_power market. 
"They're required to... ensure that just and_reasonable rates prevail in 
the market,"_Hefner said. "Why_should_we_have to dicker to_get them to do the 
job_Congress created them to do?"

Copyright, 2000_Dow Jones & Company, Inc. All Rights_Reserved. 


NEWS
Plan would have biggest customers_pay Edison's debt
Greg Lucas
Sacramento Bureau_Chief

05/31/2001
The San_Francisco Chronicle
FINAL
A.5
(Copyright 2001)

Legislative leaders are_drafting a new_rescue plan_for Southern California_
Edison that would put the utility_back on its_feet financially at the expense 
of_its_biggest customers. 
The_plan_would_leave manufacturers,_refineries and other_big_industrial 
customers_with_the burden of paying nearly all_the_utility's $3.5 billion 
back debt through a_dedicated charge. Residential and_small_commercial users 
would be_on the hook for only_a fraction of the back debt.
Big_users say_it is_unfair to saddle them with all of Edison's debt, but 
supporters_of the plan say it's these_users that wanted deregulation_and 
should_shoulder_the costs it_created._
"We're trying_to put something together in a way_that solves_all these 
problems, and if people_are to be pigheaded_about_it, we won't solve any 
problems,"_said Assemblyman Fred Keeley, D-Boulder Creek_(Santa Cruz County). 
Although the_plan_is_an alternative to Gov. Gray_Davis' proposed deal to put 
Edison_back on its_feet financially, it could be used as_a_model to help 
restore Pacific Gas_and_Electric Co. to solvency. 
Democrats say_the_plan_contains some elements desired by_Republicans, but GOP 
lawmakers object to_saddling large business users with Edison's debt. 