Posted On: 08/15/2014 6:40:33 AM
Post# of 1352
Just an interesting article for the weekend . Welcome to the free market....
Traders Profit as Power Grid Is Overworked
AUG. 14, 2014
DC Energy — and its profits — are an unexpected result of the deregulation of the nation’s electric grid. The idea behind deregulation was to eliminate old monopolies and create robust, competitive markets that would encourage investment and ultimately lower costs for consumers. But in most places, electricity bills have been rising, not falling.
http://nyti.ms/1uAvvl0
Traders Profit as Power Grid Is Overworked
AUG. 14, 2014
DC Energy — and its profits — are an unexpected result of the deregulation of the nation’s electric grid. The idea behind deregulation was to eliminate old monopolies and create robust, competitive markets that would encourage investment and ultimately lower costs for consumers. But in most places, electricity bills have been rising, not falling.
http://nyti.ms/1uAvvl0
(0)
(0)
Scroll down for more posts ▼