Electric Industry Restructuring in Five States: Final Report

The electric industry in the United States is undergoing fundamental changes; it is transitioning from regulated monopolies to competitive markets offering customer choice. In this process, the states have been in the forefront of considering the changes in the industry structure and regulation. The Energy Information Administration (EIA) spearheaded a project on electric restructuring in theUnited States. This is the final report prepared under the project. The purpose of the report is to describe and compare the overall restructuring processes that took place in five states through June 30, 1996. The five states are California, Massachusetts, Michigan, New York, and Wisconsin. These are the first major states to consider restructuring or retail wheeling.