Deregulation Essays

Critical Essay on Electricity Deregulation

Electricity deregulation in the US state of Texas was the outcome of the Texas Senate Bill which was approved on January 1, 2002 which was the result of the infamous California electricity crisis of 2000 and 2001. During the crisis the different areas of California suffered black outs which were artificially created by a few companies and exploited them by supplying electricity at premium prices. The deregulation meant the most of the consumers of electricity could now choose their power…

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