The purists say it still is. Opponents believe it's folly. The two may soon be arguing in the dark. It seemed like a good idea at the time. The purists say it still is.
Opponents believe it's folly.
The two may soon be arguing in the dark. Deregulation came to California in 1996 when its Legislature voted to open up the electricity market. Lawmakers were sure free enterprise would lower rates, give consumers options when choosing a provider and promote renewable energy sources. The Golden State's journey into deregulation has made Dante look like a lightweight. But it was not complete deregulation.