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California Bill Would End Electricity Deregulation

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California Bill Would End Electricity Deregulation

Business

California Bill Would End Electricity Deregulation

California Bill Would End Electricity Deregulation

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  • <iframe src="https://www.npr.org/player/embed/1269007/1269008" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

A California state Senate committee considers a bill that would remove competition from the state's retail electricity market. Approved in 1996, deregulation was meant to reduce electric bills, but prices skyrocketed during blackouts in 2000 and 2001. Hear NPR's Scott Horsley.