The rise is part of a yearlong increase in power prices.

Since then, however, energy demand has weakened in a soft economy, and power prices have dropped.

It also plans to petition the federal government for more control over wholesale power prices.

"Anyone who can tell you with certainty what power prices will be five years from now is either a psychic or a fool."

Already, wholesale power prices have shot up in California this summer.

But he said the president should have done more to limit the spikes in power prices.

Wholesale power prices have fallen some 40 percent since deregulation.

Everything from salmon migration to forest fires can affect current and future power prices.

Also, it keeps power prices lower in both provinces than they would otherwise be.

It was very easy to make a lot of money when power prices were high.