I'm a free market capitalists, but corporations (like children) need limits. My electric bill is going up 40 percent this may and here is why, "In the late 1990's Maryland, Delaware, and New Jersey began rolling back government oversight of power generation to spur competition and drive down prices. Competition for residential customers never materialized, however and in New Jersey and Maryland, where deregulation is nearly complete, prices have spiked." - WNJ 1/25/06Update From Anon
Trying to figure out how we got into this mess...
From the New Castle Business Ledger
and from Ron Williams, of all people.greendel.org
is all over it:Perhaps the most guilty of all are Delaware’s media. Here’s how it works: Before she retired, one of the Gannett-owned Wilmington News Journal’s most experienced reporters, Jane Brooks, covered utility matters. She seldom reported any point of view other than that of utilities. She would walk right by a demonstration of angry citizens in order to write down the blather of utility people. When we called the Conectiv public relations shop a few weeks ago, guess who answered the phone? “Jane Brooks.”
The General Assembly, like the Governor’s Office, is played like a violin by Conectiv and big industrial interests. The many screw-ups by Conectiv over the last couple of years have had no effect on this control. John Flaherty of Common Cause has shown that during the course of Delaware’s main “deregulation” bill, the House of Representatives changed its definition of conflict of interest so more members could vote to deregulate Conectiv. Some of the members most flagrantly subservient to utilities include Sens. Thurman Adams and Robert Venables, and Rep. Roger Roy.