A new study by Ohio researchers reveals more than 20 years of deregulated electricity markets have meant lower generation costs for Ohio customers — but these savings have been negated by riders added to electricity bills. Moreover, the riders have not been directly related to generation, transmission, or distribution. Read the study.
Published by Utilities Policy, a peer-reviewed academic publication, the study examined electricity prices in three states with restructured generation markets (Illinois, Ohio, and Pennsylvania), comparing them to three other states that did not deregulate (Indiana, Michigan, and Wisconsin). Despite the benefits from restructuring, Ohio’s cost advantage — when compared to the other deregulated states — deteriorated from 2013 to 2020, according to the study. 7/24/2023