Protecting Cooperative Members from the Unknowns of Deregulation Protecting Cooperative Members from the Unknowns of Deregulation Folks used to say that politics is business. Nowadays, they say politics is entertainment. To the extent that a lot of money is involved in both, it's true. Movie stars and TV shows and music groups come and go. And so do political ideas.
Deregulation is a good example.
Now we're going to try it out on electric utilities. In January 2002, as a result of Senate Bill 7, Texas will deregulate its electric utility industry. About half the states in the United States are doing the same thing, so we aren't alone. And fortunately, we aren't the first state to deregulate. That means we can learn from what's happening elsewhere.