I know I’m damn sick of the ads running every 10 minutes trying to scare us into protecting Consumers Energy monopoly.
Texas went from a PUC-controlled franchise market, where returns investment was capped, and could require generation plants, to an unregulated “free market”. The result were rates that went from some of the lowest in the nation to the highest.
Deregulation is not the answer, as manipulation of rates, generation, etc is rampant.