OPINION: Want Lower Electric Bills? It’s Time to Try Competition

"What to do about these skyrocketing costs? One answer is to make utilities compete.

That was the idea behind the consumer-regulated energy concept, which New Hampshire has just enabled by passing HB672 this past year. It allows independent power providers to step in and deliver power on private grids designed for the 21st century. The theory is simple: when utilities know they will no longer have a guaranteed monopoly, they may have to worry about keeping costs down to keep customers. Once some of these new “consumer-regulated” utilities exist and are able to show that they can keep rates lower, the utilities may feel pressure to put real brakes on runaway costs.

...perhaps a dose of free market choice is just what the doctor ordered."

Thank you to my coauthors Andrew Cline and Sam Evans-Brown.

https://nhjournal.com/opinion-want-lower-electric-bills-its-time-to-try-competition/

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