SAN FRANCISCO — Los Angeles, the nation's second-biggest city, may lose its double-A-level ratings over a 10th of a cent.

That's the per-kilowatt-hour difference between the most recent electricity rate hike proposals from the City Council and Mayor Antonio Villaraigosa's appointees at the Los Angeles Department of Water and Power.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.