Reforming FERC
I recently spoke at a symposium titled Improving RTO-Operated Wholesale Electricity Markets hosted by the American Public Power Association. My presentation highlights that household electricity prices are far higher in those states where prices are set in restructured power markets, when compared to those families in states where prices are set by state regulators. That’s because the federal government, through the Federal Energy Regulatory Commission, fails to effectively regulate rates. I’ve written about recent problems by FERC in protecting consumers.
– Tyson Slocum is Director of Public Citizen’s Energy Program