The continuing power crisis in California is set to deepen with one utility hinting it may have to start cutting its output over the Christmas weekend, therefore leading to rolling blackouts in the south of the state.
The reason Edison may do this is because they cannot afford to buy more electricity without raising prices for consumers. But no one wants to pay more. The deregulation of the market is generally to blame for the shortages of electricity.
Meetings are scheduled for Jan 4th to determine if rates can be raised, but the issue is becoming increasingly political as the state and power companies blame each other for the problems. Whoevers to blame though, it could be a cold Christmas.