In light of the changes in the law, the volatility of the transmission lines and local upkeep of the local power infrastructures compounded by the distancing of consumer disclosure both figuratively and literally, will put more pressure upon the state Public Service Commissions to seek a larger and more vigilant role in pursuing utility accountability. While on paper it may appear that the NERC will have the ability to penalize companies who do not comply with standards, it will be overwhelmed given its history of voluntary oversight. And many in the industry believe that the FERC will be forced to cherry pick and manage oversight of fewer mergers and acquisitions than were done in the past.
And while consumers should always make an effort to conserve energy, the systemic problems of this aging electrical grid are far more about balance sheets and politics than about adjusting the thermostat. Get out the candles and make a wish.
Copyright �2006 Diane M. Grassi
Contact: dgrassi@cox.net
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