Please Blame the Deregulation and Regulation Fiascos Parte 6

Ref: Please Blame the Deregulation and Regulation Fiascos Parte 5

To Mr. Golden, Mr. Prof. Banks, Mr. Maclay, Mr. Gould, Mr. Rosenman, and Mr. Olivier.

I suggest that the article thesis is mistaken by being based on Hogan's mental model that links higher than necesary prices with deregulation. Please read Please Blame the Deregulation and Regulation Fiascos Parte 5 to find out why Electricity WPC removes rules that deny customer choices and give them low prices after all cross-subsisidies (including supply security cros-subsidies) are eliminated. If going from Hogan's mental model to the extension of Schweppe's mental model does not involves stranded costs, customers will be able to get the expected low prices.

Regards,

José Antonio