The prolonged period of capped rates in Pennsylvania—years longer than in any other state—has produced some benefits and some drawbacks. On the plus side, due largely to the rate caps, electricity...
Revisiting the Keystone State
Rate caps have squelched competition in Pennsylvania.
27, 2008, available at www.ercot.com. In addition, a recent academic study concluded that the costs of solar photovoltaic panels outweighed the economic and environmental benefits of this technology. Severin Borenstein, The Market Value and Cost of Solar Photovoltaic Electricity Production , University of California Energy Institute, January 2008, available at www.ucei.org.