It all depends on where you live. The current hope was that cheap natural gas from Canada and turbines located near major loads would decentralize the grid, provide an element of flexibility and unburden transmission facilities. But elemental to the functioning of a free economy is the essential price signal. For political purposes, California deregulated wholesale prices only and the wholesale price went through the roof. But the homeowner never felt the pinch because retail rates remained fixed.
Free societies allocate resources by the price system.
The price tells us to conserve, but regulations that fixed retail, blunted these price signals. Electricity producers further muddied the water by shifting the price of saving salmon onto electric ratepayers. Thus sending the wrong signal to the wrong people. Government intervention does that. So, while the lights are still on, you and I must be certain that increases in the electrical rate will increase the supply of electricity and not the supply of bureaucrats, as salmon expenditures have done.