Michigan Energy Deregulation Facts

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All Posts Tagged Tag: ‘New Jersey’

Electric deregulation costing New Jersey families and businesses

Story after story from states with deregulated electricity markets make the same point: deregulation costs families and businesses. Here’s a recent example from New Jersey: “Frigid winter sends electric prices soaring for NJ customers who switched power suppliers” (from the Newark Star Ledger, 2/23/2014) Drew Bradford, a “66-year-old Bedminster man who lives on a fixed income, said his January and …

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Deregulation hasn’t led to lower costs in New Jersey

New Jersey deregulated its electricity market in 1999. Today, high electricity costs are a major concern in New Jersey – despite the rosy promises of deregulation’s supporters: If you ask businesses, one of the biggest drags on the state’s economy is higher energy costs. If you question consumer advocates, it is one of the biggest complaints they hear from utility …

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Analysis of three states identifies shortcomings of electric deregulation policies

LANSING, Mich.―Public Sector Consultants Inc. today released three reports highlighting the problems faced by three states that have deregulated their electricity markets—Texas, New Jersey, and Illinois. “We have done an in-depth analysis of three states in different parts of the country that have deregulated their electric market,” said Ken Sikkema, Senior Policy Fellow at Public Sector Consultants. “Significant problems have surfaced …

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