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To: Ernest_at_the_Beach
Lawmakers from the Southeast and West say the FERC plan might lead to higher rates and less-reliable service.

All anyone has to do is look to Texas to see what deregulation will do. My bill last month was about $150 less than what I paid exactly one year ago.

The current chairman of FERC was the driving force behind Texas deregulation, and he wants to take it national.

If y'all don't want lower bills, y'all should favor the Gray Davis approach to electricity markets.

5 posted on 05/27/2003 3:46:41 PM PDT by Dog Gone
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To: Dog Gone
...when generators manipulate markets and defraud customers...

Yeah, when.

Not one instance of price gouging has ever been proven in court. Just the accusation is sufficient, apparently.

7 posted on 05/27/2003 5:23:49 PM PDT by snopercod
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To: Dog Gone
Of course, we all know what the California deregulation scam actually was. I guess we'll see if any other state follows their model, I doubt it.
8 posted on 05/27/2003 5:54:31 PM PDT by X-FID
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