Electric Utilities, Deregulation and Restructuring of U.S. Electricity ...
Electric Utilities, Deregulation and Restructuring of U.S. Electricity ...
Electric Utilities, Deregulation and Restructuring of U.S. Electricity ...
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44<br />
Transparent Pricing<br />
Price deregulation requires open markets &<br />
transparent pricing. Transparent prices are<br />
prices that can be readily determined by<br />
market participants in an open environment.<br />
Exchange markets typically take the form <strong>of</strong><br />
bid-<strong>of</strong>fer auctions where sellers can bid against<br />
each other <strong>and</strong> market clearing prices are<br />
known by all parties, including consumers,<br />
buyers, <strong>and</strong> sellers.
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