Here is the synopsis of our sample research paper on The Deregulation of Electricity in California. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
5 pages. Describes what led to the current crisis and what some possible solutions might be to the deregulation of electricity in California. This paper gives a well-researched in-depth look at deregulation in California. Bibliography lists 5 sources.
Page Count:
5 pages (~225 words per page)
File: D0_JGAdecal.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
Enterprises Inc. 10/2001 to Use This Paper Properly, INTRODUCTION Describes what led to the current crisis
and what some possible solutions might be to the deregulation of electricity in California. This paper gives a well-researched in-depth look at deregulation in California. CALIFORNIA DEREGULATION Deregulation
in business, which is the process of allowing businesses to operate without legislative controls, has historically been most prevalent in the banking, utility and airline industries. But what is
deregulation and is deregulation of business activity truly possible, and if so, what might be the consequences? Regulatory Analyst Jim Elliott, in a energy newsletter wrote that "When California Legislators
decided to institute electric industry restructuring in 1996, it was believed by many that the deregulated industry would offer consumers a way to make better choices and to have lower
rates for their electrical and utility services" (Elliott, PG, 2001). "The center of the controversy over the electric industry in California", Elliott explains, "is San Diego". He goes on
to tell us that San Diego Gas & Electric has 1.2 million customers who have seen their rates almost double from last summer. The problem began when SDG&E could
not find a power plant that would be willing to sign a contract with them for under five years; this length of time was unacceptable to SDG&E as they believed
it to be too long. "The result was that SDG&E wound up contracting with a power plant at rates that were much
higher than those of other energy distributors in California, such as Southern California Edison and Pacific Gas & Electric Co., whose customers are protected from a rate increase until 2002
...