It appears the honeymoon is over for energy deregulation. While energy managers told SN they still expect significant savings on electricity in a deregulated environment, many have scaled back their expectations from as high as 40% to 60% to a more modest 5% to 15%. Even these savings may not be realized until years after deregulation occurs in any particular state because of competitive transition charges, or CTCs. CTCs are fees added to the net price of electricity in order to pay off ...

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