Location information provided by Norcross, Ga.-based Conway Data Inc.'s New Plants Database (see chart) indicates that Kosmont is correct in saying that business is willing to give California a chance. IDEC Pharmaceuticals, for example, chose Oceanside last year for its $1.25 billion biotech manufacturing facility, while Chase invested $650 million in San Francisco for a new headquarters operation. Major job producers like Veritas Software (3,000 jobs in Milpitas), Stater Brothers (2,400) and Convergys Corp. (1,000 in Fresno) also chose California for new facilities. These companies cover everything from biotech and financial services to software, distribution and customer care -- all fairly energy-intensive operations.

Light Industrial Manufacturing Annual Utility Cost Comparison
2000 -- 2001 Summary (Company Model: 50,00 sq. ft, 75 employees, $7,500,000 in annual gross receipts, 3,300 kwh annual electric consumption, 1,848 therms annual natural gas consumption, ,400 hcf annual water consumption)
Electric Cost (yearly average)
	Los Angeles	Long Beach	Sacramento	San Diego	San Francisco	San Jose
	(DWP)	(SCE)	(Muni)	(SDGE)	(PGE)	(PGE)
2000	$126,226	$90,418	$105,843	$185,771	$130,284	$130,284
2001	$126,226	$221,140	$185,746	$308,473	$209,531	$209,531
% Increase	0%	145%	75%	66%	61%	61%
Natural Gas Cost (June or July and Jan.)
	Los Angeles	Long Beach	Sacramento	San Diego	San Francisco	San Jose
	(SoCal)	(City Supplier)	(PGE)	(SDGE)	(PGE)	(PGE)
2000	$1,666	$1,890	$1,588	$1,518	$1,588	$1,588
2001	$1,756	$2,378	$1,623	$3,110	$1,623	$1,623
% Increase	5%	26%	2%	105%	2%	2%
Water Cost
	Los Angeles	Long Beach	Sacramento	San Diego	San Francisco	San Jose
2000	$7,650	$9,643	$3,183	$11,141	$7,405	$8,946
2001	$9,182	$9,271	$3,377	$11,141	$8, 051	$9,464
% Increase	20%	-4%	6%	0%	9%	6%
Utility Consumption Cost and Utility User Tax
	Los Angeles	Long Beach	Sacramento	San Diego	San Francisco	San Jose
2000	$151,488	$112,147	$118,909	$198,429	$149,723	$147,859
2001	$153,118	$251,411	$205,052	$322,723	$235,645	$231,649
% Increase	1%	124%	72%	63%	57%	57%
Index
	Los Angeles	Long Beach	Sacramento	San Diego	San Francisco	San Jose
2000	1	0.740301673	0.784942963	1.309867074	0.988352874	0.976045511
2001	1	1.641944714	1.339179614	2.107676499	1.538980397	1.512882627
Prepared by Kosmont Partners

      Many companies so desire a California location that they will find their own ways of dealing with the energy crisis. U.S. DataPort Inc. plans to develop an onsite energy generation facility for its $1.2 billion Silicon Valley Internet Campus. Calpine C*Power will build and operate the Critical Reliable Energy Center, which will generate chilled water and 99.9999 percent reliable electricity for data center users.
      The 2.2 million-sq.-ft. (185,806-sq.-m.) data center, with its 1,100 new technology jobs, shows that there is more to California than an energy crisis. "As the capital of Silicon Valley, San Jose will serve as an exceptional location for U.S. DataPort's Internet Campus," says Grant Sedgwick, president and CEO of U.S. DataPort. "The San Jose site is strategically located with access to high-capacity fiber networks, an exceptional labor force and major transportation corridors."