Electricity and Gas for the World!

Power De-Regulation in New York City

The main motivating factor that led New York State to initiate a phased de-regulation program was to decrease costs of electricity and natural gas by increasing competition in the marketplace. The Public Service Commission (PCS) of New York State, which is responsible for the enactment of the legislation that led to de-regulation expected to see stimulation in economic growth, lowering of prices and increased choices for consumers.
Have these goals been met?

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