[Carry_Okie]

Be careful with that - remember that it was the unpredictability of the weather that exposed the problems with the first deregulation scheme ;)

That's akin to saying that taking the pasties off an exotic dancer is an act of public lewdness.

[general_re]

You know the funny thing is, in the summer of 1996, the PUC sent a letter to the legislature that warned that power shortages could result in problems under such a plan, but they closed the letter by essentially predicting that there was no way such a thing could ever happen - there would always be excess capacity to hold down the spot price of electricity. And then Mother Nature conspired to make sure that the thing the PUC said would never happen, happened ;)