"What the electricity market needs is a forward market with an ability to vary price and volume on an hour-by-hour basis."
Fortnightly Magazine - October 15 2001
1. Subordination of capital. Neither interest nor dividends may be paid on invested capital. Cooperatives provide for a return of capital-not a return on capital. Furthermore, neither the amount of patronage nor the amount of investment of a patron can determine such patron's degree of ownership or control of the organization, i.e., there must be patronage-based ownership.
Declaring Emergencies in California: The Realities of ISO Operation
The Brink of Ruin?
"Both the environment and consumers will benefit in the end if retail electricity prices are allowed to "rise and fall according to market conditions."