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Study: Privatized Electricity Far More Expensive

HeadlineNov 07, 2007

In privatization news, new figures show electricity prices have risen far higher in states adopting market competition than in those using traditional government rates. According to the group Power in the Public Interest, customers in privatized areas paid over $7 billion more than customers in government-regulated areas. Since 1999, prices in deregulated markets tripled over regulated ones.

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