NEM Cites Political as well as Economic Factors for Price Volatility

“At our April meeting, Secretary Richardson warned the country about price spikes and possible shortages. Now that it has come to pass, many politicians are surprised and are calling for actions that could make matters worse,” said Craig Goodman, National Energy Marketers Association president and former energy policy official in the Reagan and Bush Administrations.

NEW YORK—With deregulation proceeding rapidly in 20 states, brick-and-mortar utilities are looking for ways to efficiently utilize the Internet by getting their customer-service operations online, according to Cap Gemini Ernst & Young U.S. LLC (CGE&Y). Formerly Ernst & Young Consulting Services, which was rated by Forrester as one of the top two eBusiness strategy consultants, CGE&Y recently conducted a public Website survey of 90 utility companies.

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