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As of January 1, most retail prices for electricity in Texas
have been completely deregulated, solidifying the state as the national leader
in deregulating electricity markets. Deregulation has led to a surplus of
electric generation capacity, so there have been no major blackouts in Texas as
there have been in more heavily regulated markets such as California and New
York and prices do not appear to be greater than before deregulation. But
critics state that consumers are still paying far more for electricity than
what it costs to produce. See
story from Hawaii Reporter
The heat wave hitting the Northeast and Midwest happens to
coincide with record rate increases now kicking in because of state lawmakers'
decisions years ago on electricity deregulation. See story
from US News
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Electric Power Links
Congressional Research Service, Electricity Restructuring Briefing Book
Energy Information Administration
Foundation For Taxpayer and Consumer Rights: How Deregulation Let the
Power Industry Steal $71 Billion From California A 58 page report providing a detailed chronology and analysis of the crisis.
Sacramento Bee:How Californians got burned
Electricity Restructuring: Deregulation or Reregulation? Severin Borenstein and James Bushnell, 2000. A working paper from the Program on Workable Energy Regulation
The Trouble With Electricity Markets (and some solutions) Severin Borenstein January 2001
Utility Consumers Action Network
EcoWorld - Energy
Center for Advancement of Energy Markets
Energy Guide
Ecological Life Systems Institute - Report on San Diego
Common Cause Study on Big Money and California Energy Crisis
California Public Utilities Commission Report on Electricity Crisis
California Energy Commission
GeoInvestor.com Power Politics: Drawing Lessons from California's Electricity Crisis
From Harvard Watch:DEREGULATION DECEPTION: Harvard, Enron, and the Alliance to Deregulate Electricity Markets in California and Beyond
Hoover Institution: The California Electricity Crisis by James L. Sweeney
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