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Price Caps for California Energy

On April 25, federal regulators ordered limited capping of energy prices in California, which has been under a critical energy shortage for months. This decision comes after a divisive battle between supporters of energy price caps in aid of consumers and those who fear caps will harm the free market. The Federal Energy Regulatory Commission (FERC) voted to cap electricity prices whenever supplies fall within 7.5 percent of demand, effective May 1.
Archived Scout Publication URL
Scout Publication
Date Issued
2001
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Date of Scout Publication
April 27th, 2001
Date Of Record Creation
April 7th, 2003 at 3:25pm
Date Of Record Release
April 7th, 2003 at 3:25pm
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