Compete: OCC Analysis Shows Price Declines in States with Retail Choice
August 19,2014
The Compete Coalition has highlighted an analysis performed by the Ohio Consumers' Counsel which indicates that 9 of the 12 states that saw residential electricity price declines from 2008 to 2013 were states that allow retail electricity choice and competition, based on EIA data.
According to Compete, "Connecticut, Delaware, the District of Columbia, Illinois, Maryland, Massachusetts, Maine, Rhode Island and Texas all experienced residential price declines ranging from less than a penny to 2 cents per kilowatt-hour (kWh) during the time period examined. Florida, Louisiana and Nevada, all price-regulated states, rounded out the list of states that saw price declines (less than a penny per kWh each). All other states examined saw price increases during the five-year period, according to the analysis."