Thus no spikes in electric rates and no electric shortages are anticipated. Now we are looking at prices over 89 cents per therm. That is a burden to businesses and homeowners. Cisel was one of the original architect's of Illinois' deregulation legislation. He is unhappy with some aspects of the law finally passed by the state legislature but remains an advocate of the concept.
Deregulation sounds good.
As a capitalist, market prices sound good. There is now a patchwork of deregulation from state to state. We need some federal deregulation to set certain standards. In the long run, Cisel expects deregulation will bring better prices and more flexibility to consumers. He also expects President Bush will use his energy background to promote a federal energy policy.