A Michigan-based advocacy group highlights the differences between choice markets and non-choice markets.
Utility Dive
Contact: Wayne Kuipers and Wendy Chapelle
The evidence continues to accumulate that the performance of electricity customer choice is superior to that of traditional vertically integrated monopoly. Since the recession of 2008-9, electricity customer choice has been routinely outperforming traditional monopolies in terms of price.
The big question facing policy makers in states served by unreformed incumbent monopoly utilities is how much longer customers should be forced to pay higher prices to compensate for anemic demand for electricity. How much longer should customers in Monopoly states be required to bear the fuel, technology and market risks that in Choice states are borne by investors in competitive states?
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