... large profits from the unregulated pricing of a household necessity, while consumers would suffer the consequences. On the other, consumers are given the option of choosing which company shall provide their hydro, and have the ability to "shop around" for cheaper energy, thus causing the businesses to suffer. The State of California passed a similar deregulation in 1996, with terrifying results ... of consumer satisfaction with the new deregulation system. After the disastrous deregulation effects in California, meeting consumer's needs must be considered the primary goal. A general surve...

• Word Count: 1225
• Approx Pages: 5
• Grade Level: Undergraduate