Update on Electricity Customer Choice In Ohio: Competition Continues to Outperform Traditional Monopoly Regulation (Executive Summary)
Energy Policy Center
Key Findings at a Glance:
Deregulated Markets Save Ohio Electricity Consumers Billions
- Since 2011, deregulation has saved Ohio consumers $23.9 billion.
- The Study Team anticipates that savings will continue for the near term to be around $3 billion per year. However, these savings may be lost, in whole or in part, if deregulated energy markets continue to be undermined by cross subsidies.
Competition Outperforms Monopoly Regulation
- Competition has driven down average electricity prices in deregulated Midwestern states while their regulated peers have seen a steady increase in price of generated electricity.
Thomas, Andrew R.; Bowen, William M.; Henning, Mark; Hill, Edward; and Kanter, Adam, "Update on Electricity Customer Choice In Ohio: Competition Continues to Outperform Traditional Monopoly Regulation (Executive Summary)" (2019). All Maxine Goodman Levin School of Urban Affairs Publications. 0 1 2 3 1617.