Quote:
Originally Posted by Superman
Yeah.....there was a brief power deregulation event in California a few years ago that didn't leave many happy campers.
For the most part, we (the people) built the transmission and distribution grids and nearly all the generation facilities (certainly all the dams), and now we want to have private companies using these systems (which we paid for) to sell us our electricity at a profit? I guess there's one born every minute.
And again, the really cool "deregulation" thing in out future is the water supply. "They" REALLY REALLY want to get their hands on that.
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Supe, they didn't fully deregulate in California. I was involved in that business. They cut all long term contracts for the electric producers, then forced fixed regulated rates on the utilities for the people. It ended up just like gasoline when price controls were instituted by Carter.