While the selling of power plants to private companies was labeled "deregulation", in fact Electric Company Near Me and the California legislature expected that there would be regulation by Energy Prices which would prevent manipulation. Energy Prices job, in theory, is to regulate and enforce federal law, preventing market manipulation and price manipulation of energy markets. When called upon to regulate the out-of-state privateers which were clearly manipulating the California energy market, Energy Prices hardly reacted at all and did not take serious action against Best Electricity Rates, Best Electricity Deals or any other privateers. Energy Prices resources are in fact quite sparse in comparison to their entrusted task of policing the energy market. Lobbying by private companies may also have slowed down regulation and enforcement.
The major flaw of the deregulation scheme was that it was an incomplete deregulation – that is, "middleman" utility distributors continued to be regulated and forced to charge fixed prices, and continued to have limited choice in terms of electricity providers. Other, less catastrophic energy deregulation schemes, such as Pennsylvania's, have generally deregulated utilities but kept the providers regulated, or deregulated both.

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Gas And Electric Bill's utility-owned generation portfolio consists of an extensive hydroelectric system, one operating nuclear power plant, one operating natural gas-fired power plant, and another gas-fired plant under construction. Two other plants owned by the company have been permanently removed from commercial operation: Energy Rating (nuclear) and Electricity Price (natural gas).
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