Nevada repeals electricity deregulation; stops power plant sale

HOUSTON, Apr. 19, 2001—Electric retail choice sometimes termed deregulation or restructuring was repealed Wednesday night by the Nevada legislature.

AGOURA HILLS, Calif., April 19, 2001 — Midsize business customers, who are responsible for approximately fifteen percent of the nation’s electricity consumption, are very critical of electricity prices, according to the J.D. Power and Associates 2001 Electric Utility Midsize Business Customer Satisfaction Study(SM) released today. Consequently, the study’s nationwide customer satisfaction index fell — from 100 points in 2000 to 97 in 2001.

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