Irvine, Calif., reconsidering electric utility proposal
Irvine, Calif., has spent $400,000 and two years studying the possibility of a city-owned electrical utility.
Irvine, Calif., has spent $400,000 and two years studying the possibility of a city-owned electrical utility. According to the Los Angeles Times, a city staff report shows that the proposed utility could cost $14.2 million in start-up costs over the next 10 years but return only $17.5 million over the following decade in net revenues. http://www.latimes.com/news/yahoo/la-me-electric15nov15,1,6453683.story?coll=la-newsaol-headlines
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