Calif. Power Deregulation Plans Spark Criticism

Law360, New York (February 29, 2008, 12:00 AM EST) -- The California Public Utilities Commission is considering ways to deregulate the state's electricity market, a move that critics fear could lead to another energy crisis.

The CPUC voted on Thursday to take “proactive steps” to bypass a state law that prevents the commission from allowing customers to gain direct access to power from electric companies.

The law, enacted by the state legislature during California's 2001 energy crisis, suspended direct access and forced customers to buy electricity from the California Department of Water Resources.

Under the law,...
To view the full article, register now.