California deregulation: at the stroke of midnight

Article Abstract:

A combination of independent system operator/power exchange (ISO/PX) was the selected vehicle for delivering electrical power to retail customers when choice becomes available on January 1, 1999. The California Public Utility Commission originally planned to phase in retail choice, then reversed that decision under pressure to introduce competition for lower electric rates. The ISO/PX structure was then determined to be a compromise and investor-owned utilities should sell their transmission assets for better market and competitive power.

Cover Story

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California's ISO/PX nears the finish line - will it be on time?

Article Abstract:

The California Public Utilities Commission designed the independent system operator (ISO) and power exchange (PX) electric utility supply mechanism that was ordered by the state legislature. The ISO and PX would operate as two separate businesses. January 1, 1998, is the date that California consumers and electricity suppliers are scheduled to begin the participating in the new plan.

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Competition: what's good for the goose is good for the gander

Article Abstract:

Federal and state regulators are not yet ready to let the local electric utilities compete for retail customers. California is the largest retail utility market and is set to become competitive on January 1, 1998. It is unfair to let utilities from other states compete for California's $22 billion electricity business while California is not allowed similar action.

United States, Column

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