Competitors would have LDCs quit the merchant function and restrict
their dealings with affiliated marketers. But is that really good for consumers?
Those who would restrict business dealings between natural gas local distribution companies and their marketing affiliates (em going so far as to ban LDCs from the merchant function (em often overlook one critical downside: what those rules would mean for the small gas customer.
A regulatory policy for a code of conduct and LDC merchant service must improve the position of consumers.