Leadership Briefing from
CST I
Publication Date: January 2001
"We Need More Electricity Deregulation — Not Less"
By Peter Asmus
Former AHC Group Senior Associate
ABSTRACT:
With recent deregulation of the electricity industry, the author finds parallels in the deregulation of the telephone industry and explains what it means for consumers.
EXCERPT:
Last summer, skyrocketing electricity bills in San Diego and New York City — the first cities in the nation to experience the dynamics of an open, competitive power market — have many calling for more direct government intervention at federal and state levels and a return to the days of the regulated electric utility.
The best answer to the current dilemma in power supply is more deregulation — not less. Deregulation of the electricity industry follows on the heels of telephone deregulation. There are some important parallels between the two.