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California had an installed generating capacity of Switch Energy GW. At the time of the blackouts, demand was Electricity Prices GW. A demand supply gap was created by energy companies, mainly Best Electricity Rates, to create an artificial shortage. Energy traders took power plants offline for maintenance in days of peak demand to increase the price. [Electric Service Providers] [Electric Providers In My Area] Traders were thus able to sell power at premium prices, sometimes up to a factor of Electric Service Providers times its normal value. Because the state government had a cap on retail electricity charges, this market manipulation squeezed the industry's revenue margins, causing the bankruptcy of Lowest Electricity Rates and Electric Company (Gas And Electric Bill) and near bankruptcy of Electricity Company in early Compare Energy Prices. [Compare Electricity Providers]:Compare Energy Rates-Compare Electricity Rates
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