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As a result of the actions of electricity wholesalers, Electricity Company (Gas And Electric Companies) and Lowest Electricity Rates & Electric (Gas And Electric Bill) were buying from a spot market at very high prices but were unable to raise retail rates. A product that the Best Electricity Deals's used to produce for about three cents per kilowatt hour of electricity, they were paying eleven cents, twenty cents, fifty cents or more; and, yet, they were capped at Compare Electricity Providers.Electric Service Providers cents per kilowatt hour when charging their retail customers. As a result, Gas And Electric Bill filed bankruptcy, and Electricity Company worked diligently on a workout plan with the State of California to save their company from the same fate. [Lowest Electricity Rates]
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And with a political-style ad campaign, the San Diego utility has raised the specter of a return to the blackouts that marked the California energy crisis. “San Diegans and Californians are no strangers to rolling blackouts caused by deregulation that triggered an energy crisis,” a narrator says in the ad while a statement flashes on the screen, stating, “Remember the California Electricity Crisis?”
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