Energy Consumer Bill Of Rights to fix Deregulation......

Connecticut wants to pass a consumer “bill of rights” to protect consumers who have gotten robbed blind by deregulated power companies.

We were told deregulation was being done to benefit the consumer.

That is what we are ALWAYS told.

Everyone’s number 1 priority (all the time) is the consumer. Companies want to protect the consumer. The government wants to protect the consumer. It is very touching.

But a funny thing happens every time a market is deregulated (to protect the consumer)……….. that is the consumer gets screwed. Royally and completely screwed. Not just once or twice……. but EVERY TIME.

We were told if the regulations were throw in the garbage that would enable free market forces to take hold. The result (through competition) would be lower prices and more choice. That sounded spectacular…..Yes lets do that.

When all the laws were in the garbage the consumer would stand atop the mountain (arms raised) in victory. Yay consumer......

Yet in Connecticut consumers (who went to these new power suppliers) their bills doubled. Sometimes their bills tripled. Astonishing I know….. Who would have thought.

After the pillaging NOBODY was held accountable…….. because no laws were broken. No laws were broken because all the laws are over there in the garbage can.

So now the big scramble is on to try and help all the infuriated consumers / voters. So we will get a bill or rights.

Oh good. That should fix everything.

http://www.wfsb.com/story/25286756/new-protection-created-for-electric-supplier-customers

Connecticut is not alone in this mess. This has been going on a very long time.

Here Bill Clinton is in 1998 telling California how amazing power deregulation is going to be. You are all going to big winners once this law passes…..yes you are….. Get ready…

http://articles.latimes.com/1998/mar/26/business/fi-32797

Here we are in 2000 with all of California being royally screwed by deregulated power companies (Enron). Bill Clinton was nowhere to be found while the rolling blackouts happened. Funny how that works.

http://en.wikipedia.org/wiki/California_electricity_crisis