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ABACCUS Report: Competitive Electricity Markets Encourage Innovation

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States with competitive electricity markets have seen a surge in consumer-driven product and service innovation, according to the Annual Baseline Assessment of Choice in Canada and the United States (ABACCUS) released last week. This is primarily because electricity suppliers that are competing for business in well-structured competitive electricity markets are able to introduce new products and services previously unavailable in traditional monopoly markets.

So where would a consumer be more likely to reap the benefits of innovative energy solutions, lower prices, and savings?
•    The ABACCUS report identifies Texas as the competitive retail market leader for the fifth consecutive…
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ABACCUS Report: Well-Structured Competitive Energy Markets Deliver Innovation

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Today the Annual Baseline Assessment of Choice in Canada and the United States (ABACCUS) was released, identifying successful competitive energy markets and explaining the policy choices that led to each market’s success. Commercial and industrial customer (C&I) choice is thriving in many states and Canadian provinces as well-structured electric markets foster the introduction of new products and services that are not available in traditional electric markets.

The release of this report is particularly timely as the findings clearly support a recent study issued by the COMPETE Coalition. Also with rate caps expiring in Pennsylvania in just…
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