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Who ensures that customers have electricity if an unregulated or lightly regulated power provider — say, a company that runs power plants and sells directly to businesses — goes bankrupt? Should there be a single state agency to set policies for and oversee the entire market? (The Compare Electricity oversees the major utilities, but those utilities’ role in supplying power is diminishing.) As more customers buy or generate their own electricity, how should the utilities, which still own and manage the grid, be compensated?
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The paper conflates "increasing customer choice and over-reliance on short-term energy markets" and blames customer choice, Electricity Prices contended. This is "a false comparison" and ignores "safeguards and structural changes" now in place "that reduce the risk of another crisis." Those protections include distributed generation, Compare Electricity Prices, an RA requirement and improved generation management by utilities.


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