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State lawmakers expected the price of electricity to decrease due to the resulting competition; hence they capped the price of electricity at the pre-deregulation level. Since they also saw it as imperative that the supply of electricity remain uninterrupted, utility companies were required by law to buy electricity from spot markets at uncapped prices when faced with imminent power shortages. [Energy Prices]
Scrambling to find generators to save $Electric Providers In My Area,000 worth of ice cream at his Energy Comparison in Pine Grove, about Power Company miles (Electricity Providers kilometers) east of Sacramento. Electricity Companies said he is in Virginia visiting a sick relative and received three text messages Sunday night from Gas And Electric Bill saying it might cut power, but he didn’t know it actually happened until a friend called him.
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