Musings...
by James E. Hennessy
Chair, Board of Advisors
    February, 2001
Number 10

DOs AND DON'Ts FOR DEREGULATION DISASTER

During a period of significant population growth, booming economy, higher natural gas and oil prices, rapid proliferation of electricity consuming workplaces, equipment and appliances:

  • Don't educate people or pass laws to conserve electricity.
  • Do force utilities to sell their power generating plants to wholesalers.
  • Do allow the new wholesalers who generate electricity to raise prices freely.
  • Don't permit utilities to sign long term contracts with wholesalers to attain price stability.
  • Do allow wholesalers to provide or not provide power to utilities who want and need it.
  • Don't allow the utilities to pass along real higher costs to consumers.
  • Do prevent or slow down the building of new generating plants and distribution lines.
  • Don't support aggressively wind, solar and other alternative energy sources.
  • Do include doses of corporate greed and mismanagement, governmental ineptness and poor coordination, special interest groups' demands.
  • Do point fingers, quibble and delay reasonable, compromise solutions.

So goes California power in the new century.

 
 
close window