What are some of the key advantages that electricity deregulation has over the deregulation of the telecom industry?
The energy industry has leveraged the lessons-learned from the deregulation of the telecommunications industry enabled by the Telecommunications Act of 1996. Given this hindsight Texas has approached deregulation of the electric energy industry in a precise fashion to enable competition for the elements of the energy supply chain which are advantaged by competition (i.e. generation and retail sales) and controlling those elements which lend themselves to continued regulation in the best interests of the public (i.e. transport & distribution via existing power grid).
