The one size fits all approach didn't work in health care reform, wouldn't work for welfare reform and it won't work in electricity deregulation, Thomas said. This is a consensus bill that will give lawmakers, who want to see states have the opportunity and the power to deregulate the industry, a thoughtful option to support. Instead, states would be empowered to make competitive changes themselves and in the process ensure that families receive the benefits of competition as well larger users.
Most people agree competition is needed.
Thomas said his common sense legislation will build on the progress being made in states across the country to restructure the industry. The Thomas alternative also modernizes and streamlines other outdated regulatory laws that inhibit market-based rates for electricity consumers.