State Could Prevent Direct Access Buys Of Power.(Brief Article)

San Diego Business Journal | April 23, 2001| | Copyright

At the height of California's energy crisis, Paul Aube found a way around high electricity prices. But now he worries the state may move to stop other businesses from getting similar deals.

Aube, vice president and general manager of El Cajon-based Triumph Components-San Diego, Inc., switched energy service providers to AES NewEnergy, a subsidiary of Arlington, Va.-based AES Corp. The contract, signed in November, locked in electricity costs at 8 cents a kilowatt hour, or less than half the market rate.

Since his business uses about 120,000 kilowatt hours of ...

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