States created commissions with the regulatory power to outlaw competition among utilities and set the price of electricity for consumers.
Thanks to a state ban on competition among utilities, the manner in which electricity is provided hasn't changed for 100 years.
Rooftop solar is the first true form of competition that utilities have ever faced.
Why not allow free competition by utilities and start-ups to provide in home and in office storage with users capturing some of the savings?
She talked about corporate governance, putting workers and consumers on boards, increasing competition in utility markets, reforming takeover rules, introducing a proper industrial strategy, and ensuring everyone shares in the nation's wealth.
Consider the example which some economists seem to think is not simply a useful model but revealed divine truth: the Arrow-Debreu model of perfect competition with utility maximization and complete markets.
Prize money came from the Energy Department and three co-sponsors of the competition: the utility company PG&E, the smart meter maker Itron and Grid21, a smart grid advocacy group.
This paper considers the continued relevance of competition for utility regulation, especially in the context of Britain.
Whether run in competition with established utilities, or by them, such virtual utilities would, according to Goran Lindahl, head of ABB, a large European generating-equipment company, result in "greater system reliability, lower operating costs, reduced environmental impact and improved overall business".
Its competition watchdogs and utilities regulators are highly regarded.
