New Study Has Policymaker's Endorsement

Fortnightly Magazine - March 1 1997
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The Heritage Foundation's recently released report, which finds that national electric deregulation would benefit consumers through lower electric rates, better service and more jobs, has the endorsement of a key policymaker.

If Congress passes a bill to deregulate electric markets, the average consumer's monthly electric bill could fall by as much as $30, according to the report, Energizing America: A Blueprint for Deregulating The Electricity Market, written by Adam D. Thierer.

Recharge the Economy with Renewable Energy Tax Credits

The report has been endorsed by House Commerce Committee Chairman Thomas J. Bliley (R-Va.), who commended the study as further proof that allowing consumers to choose their electric provider will be beneficial. Bliley pointed out that Thierer's study confirms earlier ones by Clemson University economists commissioned by Citizens for a Sound Economy, and a report issued earlier in January by the Brookings Institution and George Mason University.

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