High California Energy Prices Resulted in Significant Profit Increases for Out-of-State Generators

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7 pages
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Brief Executive Summary
The Special Investigations Division of the House Committee on Government Reform conducted an investigation into the effect of high energy prices in the state of California on the amount of energy imported from outside of California. The investigation analyzed financial data from the six largest non-Californian energy producers. The division found that energy companies outside of California profited greatly from the increase in energy prices in California.
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