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Article: Study Confirms L.A.'s Energy Costs Holding Steady.(Los Angeles' average utility costs)(Brief Article)(Statistical Data Included)
- Article from:
- Los Angeles Business Journal
- Article date:
- July 16, 2001
- Author:
CopyrightCOPYRIGHT 2001 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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It's no secret that Los Angeles has weathered the energy crisis better than neighboring cities by staying out of the deregulated electricity market, but a survey released last week of six California cities reveals how much ratepayers in Los Angeles benefited.
The average utility cost for a business in Los Angeles last year was $150,000, drastically less than what a business paid in San Francisco, San Diego, Sacramento, Long Beach and San Jose, all of which experienced huge rate increases.
The study, by Los Angeles research firm Kosmont Associates, takes into account the utility user tax and utility costs of electricity, natural gas and water for a ...