Thursday, June 12, 2008

High electric rates linked to deregulation

Another study, this one from UConn, shows that electric rates in states with "deregulated" markets are higher than those with "regulated" markets.

“Connecticut has not had the best, the most enlightened leadership in terms of electric deregulation,” said Quarterly co-editor Arthur Wright. “Too little attention was paid to the design of the (power) auctions used to establish so-called competitive prices..."

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