July 30, 2001—The July 2001 update to the Retail Energy Deregulation (RED) Index, published by the nonprofit Center for the Advancement of Energy Markets (CAEM), shows Texas, Maine, and New York are making the most measurable strides in promoting sustainable competition among electricity providers, while customers throughout Pennsylvania are retreating to their default providers due to increasing wholesale prices. Pennsylvania remains, however, the leading competitive energy market with sixty-six providers.
The RED Index, which is the only known tool that objectively ranks states by twenty-two attributes on how they are restructuring their power markets, also found that 62 percent of states expressing an opinion indicated that their commission is not “less likely to take action on energy restructuring as a result of the California crisis.”
To obtain a copy of the RED Index, contact CAEM.
