- Beretta leaves Maryland over gun laws, heads for Tennessee
- Neal Boortz defends Hillary Clinton for representing child rapist
- House task force to recommend National Guard on border, faster deportations
- Top federal judge uses pizza to explain complex Obamacare situation
- Obama, Biden overhaul job training programs
- Drought-plagued Californians turn to paint to keep lawns green
- ISIL now forcing Iraqi shopkeepers to veil mannequins in Mosul
- 11 parents of Nigeria’s abducted girls die
- Genetic mapping triggers new hope on schizophrenia
- Turkish P.M. Erdogan won’t speak to Obama, but he’ll take calls from Biden
Auditor says CPUC accounts are poorly managed
Question of the Day
SACRAMENTO, Calif. (AP) - California’s state auditor says utility regulators are not doing enough to protect ratepayers from possible unfair hikes to gas and electric bills.
Auditor Elaine Howle did not say Tuesday if ratepayers were overcharged or undercharged due to the California Public Utilities Commission’s shoddy oversight of the “balancing accounts” for the state’s three largest utilities.
But Howle says the commission only reviewed 58 percent of the value of those utilities’ balancing accounts, and never looked at other accounts worth $37.6 billion from 2009 through 2011.
Pacific Gas & Electric Co., Southern California Edison and San Diego Gas & Electric set up the accounts to track revenues and spending on major projects. They are meant to ensure ratepayers pay only what the CPUC authorizes.
The commission largely agreed with the audit’s findings and pledged to make some structural changes.
TWT Video Picks
The president could pay the full price for ignoring Congress
- David Perdue defeats Jack Kingston in Georgia Republican Senate primary runoff
- IRS seeks help destroying another 3,200 computer hard drives
- D.C. appeals panel deals big blow to Obamacare subsidies
- 'Straight White Guy Festival' supposedly set for Ohio park
- Beretta moving to Tennessee over Maryland gun laws
- Gen. James Amos, Marine Corps commandant, slams Obama's handling of Iraq
- LYONS: Small-arms treaty, big Second Amendment threat
- Jewish woman booted from JetBlue flight over fight with Palestinian
- MAY: Barbarians at Jordan's gate
- Outrage over $190M border security deal for troubled federal contractor
Obama's biggest White House 'fails'
Celebrities turned politicians
Athletes turned actors
20 gadgets that changed the world
Fighting in Iraq