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Congressional Briefing on Wholesale Electricity Markets

On September 17, the "Campaign for Fair Electric Rates," whose members include APPA, the Consumers Federation of America, the Electricity Consumers Resource Council (ELCON), Portland Cement Association and Power in the Public Interest (PPI), held a Congressional briefing to educate staff on the problems that persist in RTOs and deregulated markets and what the Campaign is doing to try to fix it.  About 25-30 Congressional staff attended, as well as representatives from industry.

APPA President and CEO Mark Crisson led the briefing and gave a brief background on RTOs, highlighting that the market structure has produced higher costs to consumers.  Crisson said the Campaign's message is simple: Wholesale electric markets operated by RTOs have failed to protect customers.  He added that lower costs have not materialized and regulators are not "stepping up" so reform is needed.  Crisson also discussed the difference in electric rates between deregulated and regulated states, whereby the deregulated states' rates were significantly higher.

Also speaking at the briefing and expressing their organization's concerns with RTOs and deregulated markets were: John Anderson, President and CEO of ELCON; Marilyn Showalter, Executive Director of PPI; and Paula Carmody, Maryland's Office of the People's Counsel. The speakers warned staff that, because RTOs and FERC have been unresponsive to the concerns expressed on behalf of consumers about rising electricity rates and lack of accountability, "this issue will be coming to Congress."

Published Tuesday, September 23, 2008 4:54 PM by Staff

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