NRS 704B Electricity Market Exit Analysis

WESTERN ENERGY CRISIS OF THE LATE 90'S/EARLY 2000'S . This deregulation would not be successful. • California saw rolling blackouts, rate instability (with some consumers seeing massive hikes in their electric bill), and a host of other problems. Millions of customers in that State alone were affected. Some utilities shut down plants in order to increase prices. Other states, including Nevada, were affected, but the California example is most remembered. The crisis would cost the economy billions of dollars.

View entire presentation