We can’t seem to figure out what we want our electricity market to be.
Deregulation, of course, was sold to consumers as a bargain, but there’s been little or no value for the average residential customer, who has endured higher prices and greater complexity in the past decade.
For market purists, deregulation is a raging success, a model for other states interested in embracing free electricity markets.
The electricity market in Texas, though, is far from free, and even in the deregulated wholesale side of the business, regulators can’t seem to leave the market to its own devices.
Read more: http://www.chron.com/disp/story.mpl/business/steffy/7580091.html#ixzz1NwhKigQb