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Last Updated: 27-08-2018 19:05
The deregulation or re-regulation of the electric utility is rapidly coming to pass. Historically, regulators created a monopoly that stymied creativity, technology and economic viability. A new, competitive electric utility industry can be expected to eventually provide greater service, at a lower cost. Any new regulations which are proposed must deal both with compensating existing utilities for decisions made under the old system, and with allowing organizations to make new decisions which will benefit both them and the customer.