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MRT144
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Seattle Washington
Oct 2002
time: 21:27
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and having 2 companies run the show doesnt either.
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CerberusIV
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Deregulating public utilities is a crap idea. I am trying to get a new electricity supply installed in a building at work. Before deregulation it was all Yorkshire Electricity. Now I have to deal with YEDL to run a new cable from the street to the building. They did but the new meter cabinet wasn't ready so they capped off the cable and left it. Then Npower came to fit the meter and would not because the mains cable wasn't connected to a cut-off box in the meter cabinet and our electrician hadn't done the internal wiring properly.
YEDL say that their computer shows the job has been completed so they can't come back. Everybody says it is someone else's responsibility. No-one will give a clear list of what needs to be done in what order. In the middle of all this someone else actually turned up to read the meter that hadn't been installed!
I just want to pay the money and have the work done but that concept is too difficult for these morons.
Thatcher and the idiots who privatised electricity in the UK should be hanged for their stupidity. Oh, and don't even mention the endless stream of reps calling at the door and the mountains of junk mail trying to persuade me to switch supplier. That must cost a fortune to do and the electricity user ends up paying for it in the end.
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MichaeltheGreat
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Apolyton Grand Executioner
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mooning the house that Ruth built.
Oct 1999
time: 21:27
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Starchild, honey, not many people have the luxury of freezing their balls off half the year in a low population density wasteland where there's lots of water going downhill, big tides, and constant winds from the north-friggin' pole. Canada has a unique situation with respect to electrical power demands and generation options. It is not comparable physically or economically to anywhere else in the world.
Plato - I worked in the midst of the Cali restructuring Scheißsturm throughout most of the 90's, doing consulting work related to strategic planning for public agencies, powerplant siting, land-use and environmental requirements for independent power producers, and a whole bunch of rate, feasibility and operations analysis. I'll post more about this later, but the "Enron collapse" had nothing to do with Cali, except perhaps their approach to the Cali market was symptomatic of their basic stupidity outside their core gas pipeline business.
More later. 
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MichaeltheGreat
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Apolyton Grand Executioner
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mooning the house that Ruth built.
Oct 1999
time: 21:27
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quote:
Originally posted by Odin
This is bad, we all know what happened to gas prices when Oil Companies were deregulated, they shot up.   |
Are you referring to natural gas, or gasoline? And when were oil companies regulated in the US? 
Edit - BTW, if you're referring to natural gas prices, interstate natural gas went through the dereg process in the mid-80's, and transitional issues were pretty much cleaned up by the early -90's. "Retail" natural gas, i.e. local distribution companies, are still primarily regulated, with some non-core customer classes for those customers large enough to (theoretically) participate in the deregulated interstate market.
In the core customer classes nationwide, the gas price component of the rates has gone down, although there have been increases in non-gas price components (inflation in maintenance and personnel costs, etc.)
In the deregulated marketplace, natural gas prices have been at least 20% less than the previous regulated prices in more than 90% of the trading months since deregulation, and they've been at least 50% less for over a third of the trading months since deregulation. There have been two pricing crises in ten to fifteen years of deregulation - a speculative bubble due to the Iraq war and situation in Venezuela (oil prices have a loosely linked effect on gas prices) and the winter of 2001 demand spike. Despite those two, if you average out the prices on a yearly basis, natural gas prices on the wholesale market have been less every year of deregulation than they were under the previous regulatory scheme.
Last edited by MichaeltheGreat on 04-05-2003 at 23:05
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04-05-2003 11:35
Wow! I didn't here about that one.
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