‘Unscrambling the egg:’ Reregulation ideas floated

Turning back the clock on electricity deregulation is sounding good to Maryland lawmakers worried about the political fallout from electricity rates projected to soar 72 percent this summer.

“If it was put to the vote to the Maryland legislature today, it would pass,” said Sen. E.J. Pipkin, an Eastern Shore Republican.

But putting the power industry back under state supervision could be an enormous challenge.

Around the country, high power bills, the collapse of Enron Corp. and the California energy crisis have intensified public opposition to deregulation plans passed in the late-1990s.

Baltimore Business Journal