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US Law often requires power generators to operate separately from distributors. Even when it's the same company, they have to operate as two separate businesses
by throwaway290232 2y ago
US Law often requires power generators to operate separately from distributors. Even when it's the same company, they have to operate as two separate businesses, and it's illegal for them to even mention certain information to each other as it's considered anti-competitive. The purpose is to allow the market to provide competition. This is not specific to NYC.
An Introductory Guide to Electricity Markets regulated by the Federal Energy Regulatory Commission: https://www.ferc.gov/introductory-guide-electricity-markets-regulated-federal-energy-regulatory-commission https://www.ferc.gov/introductory-guide-electricity-markets-...
Deregulation and competition: https://en.wikipedia.org/wiki/Electricity_sector_of_the_United_States#Deregulation_and_competition https://en.wikipedia.org/wiki/Electricity_sector_of_the_Unit...