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STREAMOFCONSCIOUSN3S t1_j8nt6f1 wrote

Reply to comment by gordonglover in Dominion asks to reinstate surcharge for Regional Greenhouse Gas Initiative, boosting bills by VCUBNFO

Is there anywhere in the world that has competing electricity providers?

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ManBMitt t1_j8o1y31 wrote

Different states have different levels of competition. Virginia is one of the least-competitive states, while Texas is one of the most competitive (and we see how well that has worked out for them).

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goodsam2 t1_j8ormei wrote

Texas.

They have a market that guarantees access to the lines, but privatizes it otherwise.

That's why they keep having power outages the basic theory was that if you could provide power during a very cold time then you would make more money... Turns out the model doesn't work.

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plummbob t1_j8pkepa wrote

There is alot variation in electric retail markets, Texas has the most expansive retail competition. Comparing Texas and California retail markets is an interesting case study in market design -- with California creating some counter-productive incentives that led to the 2001 outages, Enron and all that.

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