Quote:
Originally posted by Dominicwasalreadytaken+Feb 11 2005, 05:10 PM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Dominicwasalreadytaken @ Feb 11 2005, 05:10 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin-Lurch@Feb 11 2005, 08:54 AM
And wrt to energy prices, power prices have been BELOW what could have been achieved under regulation for the last two years as power developers have been making very poor returns.
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I find this one hard to believe. Wasn't it this time last year that energy prices hit a whopping 10 cents/kWh?? No way it hits that high under a regulated system. [/b][/quote]
jeebus, I can't believe I save things like I do.
I just found an article written in '99 stating that prices are 5.32 cents/kWhr (all in, so commodity alone is going to be around 3.50/kWhr), and the first year of dereg put them into the $18.90/kWhr range.
Powerpool avg for 04/05 (commodity only) is $ 5.620/kWhr
Powerpool avg for 03/04 (commodity only) is $ 8.0510/kWhr
Link is
HERE for current/historical pricing, if anyone cares.
Prices are still higher than under a regulated market.