AHC Group

We need more electricity deregulation — not less

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Courtesy of AHC Group

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.

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.

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