U.S. grid turns up heat on Texas to address electric shortfall

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One of the biggest mistakes Texas made in dealing with electrical power generation is moving to deregulated markets. The truth is that it has only added a layer of “middle men” that market electrical plans to consumers, but have added nothing to the maintenance and development of the grid itself. When compared to the states smart enough to steer clear of deregulation, Texans on the whole pay too much for electricity and have forced the existing maintainers of the grid to delay maintenance and improvements to the grid as long is possible. Ed Wallace wrote an excellent piece on this subject if you want a much more informed viewpoint than mine. See http://insideautomotive.com/documents/ElectricityandTodaysPrices.pdf

Jan 15, 2013 10:31am EST  --  Report as abuse
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