|
|
Enron Mail |
The Center for the Advancement of Energy Markets has issued the Retail
Energy Deregulation Index 2000 (RED Index). The RED Index shows that * Pennsylvania and New York, with scores of 59 and 58 out of 100, respectively, lead the nation in customer choice. * California, the pioneer in electric restructuring, surprisingly ranks only 11th, with a score of 34. * Texas, a relative newcomer to restructuring, leads the South with a score of 45 and a ranking of seventh in the nation. * The national average score is 18, but that rises to 20.4 when weighted by sales volume and 23.3 when weighted by revenue. The Center for the Advancement of Energy Markets (CAEM) is an independent, nonprofit think tank whose mission is to promote an effective transition from the monopoly model of regulation to the competitive or customer choice model. Ken Malloy, President of CAEM and primary author of the RED Index, has been a public official with the Federal Energy Regulatory Commission, the Illinois Commerce Commission, and the U.S. Department of Energy. Is there a correlation between states with higher electric prices and states' progress toward restructuring? There is a stronger movement in states that rank higher in average price, since all contiguous states scoring in the top 10 for price also were in the top 20 in the RED Index. But this movement is no confined to high priced states. Nevada, Montana, and Texas all are below average states on price but are ranked in the top 10 on the RED Index. RED Index 2000 is a 90-page study that measures the progress states have made in moving from the monopoly model of public utility regulation to the competitive model. A RED Index score of 0 represents the monopoly model and a score of 100 represents complete and effective implementation of the competitive model. The index focuses on retail competition and currently only covers electric restructuring, and will be updated twice a year. CAEM developed the RED Index by identifying 18 key attributes that are the foundation for an effective transition to competition. These attributes were weighted and scores were assigned to the different options that states have regarding that attribute. CAEM then conducted research to determine the option chosen by each state on each of the 18 attributes. The index scores were then calculated based on the methodology and research. CAEM provides the RED Index at no fee to state public utility commissions, state energy offices, consumer organizations, governmental agencies, educational, and nonprofit, public interest organizations. CAEM funds the study by charging a fee of $495 to private sector companies. Private sector organizations can order a copy from redindex@caem.org, through the center website at www.caem.org, or by calling 703-250-1580. Please feel free to contact me with any questions. Ken Malloy President Center for the Advancement of Energy Markets 5765-F Burke Center Parkway (PMB333) Burke, VA 22015-2233 o 703-250-1580 h 703-239-8862 f 248-928-5040 e kmalloy@caem.org [[ KENMAL~1.VCF : 4119 in winmail.dat ]] - winmail.dat
|