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EGA survey sees competition on the horizon

Issue 7 and Volume 99.

EGA survey sees competition on the horizon

The Electric Generation Association (EGA) reports there is broad support for competition in the electric power industry by state public utility commissions, but real competition has not yet arrived, according to a survey of state regulatory officials conducted by Boston Pacific Co., a Washington-based consulting firm, for the EGA. “EGA`s survey showed that the majority of states do not expect to require unbundling, competitive bidding or wholesale wheeling in the next five years,” said Jeanine Hull, EGA president. Other results include: 89 percent expect utilities in their state to become part of a regional transmission group, 72 percent expect an unregulated wholesale commodity market, 42 percent expect unregulated power plants to be built to sell power in a spot market, and 63 percent expect the future spot market will provide between 5 percent and 20 percent of all electricity sales. The complete survey is available from EGA for $40 at (202) 965-1134.