After more than a decade of experience with electricity deregulation across the nation, there are lessons learned that could be relevant to states now considering retail electric access options. In October 2013, PSC produced a case study report that reviewed the electricity deregulation experiences of Texas, Illinois, and New Jersey. PSC has now expanded and updated the report to include a look at Montana’s experience with electricity deregulation. The four states reviewed represent a range of geographies, political leadership, and deregulation approaches.
The case studies provide a brief picture of the issues that have accompanied those states’ restructuring efforts. In our analysis, PSC found that while there were some limited benefits of electric market competition in these states, broad success for deregulation has either not materialized, or has come with other regulatory and financial costs.
A copy of the augmented case study report is available below.
Previous version released October 2013