The Deregulation Debate Continues

The New York Times recently published this story, which seems to blame deregulation for increased electricity prices in several states. The story focuses largely on California’s experience and transmission costs.

Debating whether competitive electric power markets are preferred over regulated monopolies is a long-running argument in policy circles. Not too long ago, academic experts from the University of California, Berkley were offering rebuttals to attacks on deregulation.

In recent years, Cleveland State University researchers have shown Ohio’s competitive electricity markets save customers billions of dollars every year, while researchers at The Ohio State University have shown new regulated costs can offset the market savings from deregulation. 1/9/2023