Gray Davis Pay Quotations

Well, there's no question that the law passed in 1996 was flawed. It deregulated the wholesale market, meaning the price that the utilities had to pay energy companies for power, but not the retail market.

We believe you will not have to pay more than the current rate structure proposes - which is, for 50 percent of the public, nothing; for another 25 percent, only a 10 percent increase; and for the remaining 25 percent, a 34 percent increase.

Mr. Schwarzenegger should be ashamed of himself, ... He supported 187, and he has said that one of his first acts as governor, which he will not get a chance to do, would be to repeal the legislation I just signed granting drivers licenses to hard-working immigrants that pay taxes in our society. So that is not the way to recognize the contribution immigrants are making to our society.

We can buy it in the five to the five and a half cent range, ... That will stabilize the energy market, allow utilities to have some breathing room to pay off their creditors, and we will do all of this without raising rates to California customers.

Just the other day, we had to pay $1,900 for a megawatt hour, which a year ago would have cost us $30, ... And the reason this company named Reliant out of Texas gave us for charging us that much money was, they said, the state's credit isn't any good.