Texas Deregulates Its Retail Utility Markets with California Lesson in Mind

Armed with the knowledge of California's experience in the energy markets, Texas has loosened the reins on its power distribution and begun deregulating its own retail utility markets.

At its core, the Lone Star State's deregulation plan simply involves allowing a number of power producers to compete with one another over the market for power consumption. The state expects that this will lower utility rates and improve the amount and reliability of power in the state, spurring investm

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