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Alert
Status
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We
have all heard a great deal about rolling blackouts and Stage III power
alerts.
While this is of concern to us, we do not anticipate that this
will have a significant prolonged negative impact on our operations.
Where there have been rolling blackouts, they have been limited
to less than two hours.
Many of you may be aware that some of the CSU campuses have closed
their campuses early due to these Stage III alerts.
The reason for our campus not taking a similar action is because
we elected a different rate structure with Enron, our electricity provider.
When the CSU entered into a contract two years ago for a long-term
power supply rate structure, some campuses selected a reduced interruptible
rate structure.
With this reduced rate structure, these campuses accepted the
risk that in the event of Stage III power alerts, they would take drastic
measures in reducing their energy consumption.
CSU Dominguez Hills did not assume that risk and is not immediately
impacted when a Stage III power alert is announced.
We would, however, be impacted if rolling blackouts do occur.
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