We can make the saved to the customers we sell the power to. Thats one the issues thats been con fouvend. Its harder to afford programs that benefit pg e customers than it is to show the ability we have the power to sell 1928 and highlight the importance of the subsection agreement. We heard that the dollar impact is 20 mill every year into the future. It will also effect we get to call the customers. As we precede on that its not just budgetary but in other regions as well. It is one of the keys channels unless there are objections i said to see the slide to include a brief statement of that additional challenge i didnt hear an objection. I think thats one of the things we face and it should be render. General manager kelly i want to highest Energy Efficiency weve been talking about a plan and components of a plan. One of the things weve talked to the Mayors Office is to really look at ways to increase the general fund rate and in doing that they recognize that try to reduce the shock
Thank you in light of that its not playing the devils advocate but a lot of the the programs people begin to count on it and i think it would be a mistake if we didnt at least entertain the notation of continuing the agenda item so were continually updated and obviously, the stakeholders and public villaraigosa an opportunity to abstract to the discussion i wouldnt want to find out proposed cuts. I want to have dialog each meeting and if theres nothing to report then so be it but to over discuss it and over analyze it would benefit all of us picture thats my request unless theres objections. I want to pout you are definitely psych we need to come quarterly and give you an update. We laid out our plan of attack and everyone i may ask for saubs in doing things and i think everyone has a stake in that and when we get to a point to reduce costs that will, you know, be, you know, give them information to let them know that programs that weve funded are in jeopardy. We need to do. You notice
Resell it or saving money to a pay for other Capital Improvements we know we need to pay for we have Green House Gas emissions and maintenance to have information about the rate of return for the go Solar Program versus the renewable comparing it and prioritizing it. We can do that. I apologize for the interruption. No, its a helpful dialog. You know that challenge together with the other challenges ive listed on page 8 puts us in the fiscal cliff situation thats on slide 9. We have various somewhere put together by our Financial Team and in cfo services group. You can see, you know, we are above zero until we get to the 16, 17 fiscal year where we begin to dip below by fiscal year 17 under ail scenarios. We had the black bar that you see im looking at a noncolor version. So i got thank you. The black line that you see shows where we were in our adapted Financial Plan and adapted capital plan. With those new financial needs those unanticipated costs we are in any of those other colored
Its harder to afford programs that benefit pg e customers than it is to show the ability we have the power to sell 1928 and highlight the importance of the subsection agreement. We heard that the dollar impact is 20 mill every year into the future. It will also effect we get to call the customers. As we precede on that its not just budgetary but in other regions as well. It is one of the keys channels unless there are objections i said to see the slide to include a brief statement of that additional challenge i didnt hear an objection. I think thats one of the things we face and it should be render. General manager kelly i want to highest Energy Efficiency weve been talking about a plan and components of a plan. One of the things weve talked to the Mayors Office is to really look at ways to increase the general fund rate and in doing that they recognize that try to reduce the shock of the increased rates by Energy Efficiency where you can reduce consumption. Were interested and in prov
Understanding why viewers want us to compare results to last year, not to analyst expectations. We have 70 above. What does that tell you other than the Company Effectively managed where analysts were. We have no idea is it above or below. Intel, a third of their profit dropped off. In both revenue, and earnings, wouldnt you like to know how it compares . What if everything is down from last year in both revenues and earnings . Was it rich who was saying what you should be looking at is the number of companies that have surprising that shock you by missing by so much. Those are the ones who you havent really seen just objectively, it is hard to do above or below last year, there is always items, they sell businesses, so, you know, things are discontinued and makes it hard. The stock trade is based on where the streets expectations are. If they knew it would be coming down steeply, but if you knew it was going to be coming down steeply, street knew it was coming. Youre late to the game