An updated comment to Free All Wisconsin Utilities to Make Money Helping Customer's Save Energy.
I have added new comments on the true deregulation to A Few More Unfriendly Comments on Electric Deregulation. One of them is in response to Mr. Martin-Giraldo is centered on:
I believe there has been a big misunderstanding of Fred C. Schweppe proposal. Trying to clarify his proposal, lets consider four general structures for the electric business: A) a traditional vertical integrated utility; B) a faulty deregulation or re-regulation that keeps a largely irresponsive and obsolete utility business model; C) Fred C. Schweppe "Regulated Spot Price Based Energy Marketplace" with homeostatic utility controls, where the utility is the only middleman; and D) a true deregulated electricity market, with retailers innovative business models, without price controls, a new value chain (generator, retailer & customer), while re-regulating the wires monopoly.
While agreeing with Harry and Kevin on the need to do without subsidies or regulation, I urge Don specially to look at it. There is no longer a need to have retail price control regulation. The theory and practice is available to support the development of innovations in retail marketing of electricity.
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