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Compete Says Study Provides Empirical Evidence Shows Consumers Better Off With Customer Choice

July 14,2015



The Compete Coalition released a new study which it said shows that nearly two decades of empirical data demonstrate that, in terms of improved price, investment and reliability, jurisdictions with customer choice out-perform, or at least compare favorably with, the states that have so far rejected broad-based customer market access.

According to the Compete study, from 1997 through 2014, prices in customer choice jurisdictions increased 4.5% less than the rate of inflation while prices in monopoly states increased 8.4% more than inflation. Electricity in monopoly states accounted for a larger share of the consumer cost of living in 2014 than in 1997, while electricity's share of the consumer pocketbook in customer choice jurisdictions was less in 2014 than in 1997.

The study authored by Philip O'Connor, president of PROactive Strategies Inc. and former chairman of the Illinois Commerce Commission, and Erin O'Connell-Diaz, president of FutureFWD Inc. and former commissioner with the Illinois Commerce Commission

See Compete's study for details



Tags:
Compete Coalition   Electric Choice   Deregulation  

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