"Here is my general approach to the energy companies. You have already charged the utilities a 50 percent credit penalty for the power they were buying from you. You're charging us a penalty. You're not going to get two bites of the apple here"
About this Quote
The specific intent is to draw a bright line for energy sellers and signal toughness to voters watching blackouts and price spikes. Davis frames the companies’ behavior as already extracting a punishment from utilities, then trying to make taxpayers swallow another. The repetition of “penalty” matters: it recasts what companies might call “market pricing” or “risk premium” as an unjust fine. He’s not negotiating terms; he’s defining the story.
Subtext: the governor is trying to reclaim authority in a market that had slipped out of the state’s hands. By accusing companies of taking “two bites,” he implies bad faith and opportunism without needing to prove outright fraud. It’s courtroom rhetoric aimed at a TV audience: simple, memorable, accusatory. The line also hints at Davis’s political bind: he must look like he’s fighting powerful interests while managing the state’s complicity in deregulation’s design flaws.
Quote Details
| Topic | Justice |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Davis, Gray. (2026, January 17). Here is my general approach to the energy companies. You have already charged the utilities a 50 percent credit penalty for the power they were buying from you. You're charging us a penalty. You're not going to get two bites of the apple here. FixQuotes. https://fixquotes.com/quotes/here-is-my-general-approach-to-the-energy-79246/
Chicago Style
Davis, Gray. "Here is my general approach to the energy companies. You have already charged the utilities a 50 percent credit penalty for the power they were buying from you. You're charging us a penalty. You're not going to get two bites of the apple here." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/here-is-my-general-approach-to-the-energy-79246/.
MLA Style (9th ed.)
"Here is my general approach to the energy companies. You have already charged the utilities a 50 percent credit penalty for the power they were buying from you. You're charging us a penalty. You're not going to get two bites of the apple here." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/here-is-my-general-approach-to-the-energy-79246/. Accessed 10 Feb. 2026.
