![]() Monopolies may be efficient in the transmission and distribution of electricity, but not in electricity generation. State officials interested in reform should ensure that the monopoly on electricity service is limited to only where economic theory supports it.Offering more choice allows consumers to find products that better suit their needs. Policymakers should encourage consumer choice by reforming traditional monopolies to offer more options through retail choice.Chapter 16 of this volume delves into how Texas’s model of retail choice works. ![]()
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