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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Yorikke who wrote (4096)6/16/2001 9:29:15 PM
From: Moominoid  Read Replies (1) of 33421
 
The problem in California seems to be that prices to consumers are still regulated as the regulaiton of monopoly theory suggests but the wholesale market isn't so high prices of wholesale electricity can't be passed on to consumers. When a utility is just a distributor and not a producer of electricity slearly a different approach to regulation is needed.
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