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In this Wednesday, July 10, 2002 file photo, Michael Peevey, Gov. Gray Davis' appointee to the Public Utilities Commission, answers questions while appearing at his confirmation hearing before the Senate Rules Committee at the Capitol in Sacramento, Calif. Peevey, California's chief utility regulator, under fire over accusations of secret dealings with the state's largest utility, said Thursday, Oct. 9, 2014 that he will not seek reappointment when his term ends at the end of the year. (AP Photo/Rich Pedroncelli, File)

In this Wednesday, July 10, 2002 file photo, Michael Peevey, Gov. Gray Davis' appointee to the Public Utilities Commission, answers questions while appearing at his confirmation hearing before the Senate Rules Committee at the Capitol in Sacramento, Calif. Peevey, California's chief utility regulator, under fire over accusations of secret dealings with the state's largest utility, said Thursday, Oct. 9, 2014 that he will not seek reappointment when his term ends at the end of the year. (AP Photo/Rich Pedroncelli, File)

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