Deregulation Didn’t Cause the Energy Crunch—but Re-Regulation Will Make It Worse

Originally published by Broad + Liberty.

Pennsylvanians are feeling the financial pinch when they receive their monthly electricity bills. Statewide, electricity demand has reached record-level highs, but supply isn’t keeping up, resulting in higher prices. 

Sadly, these statewide price hikes could get worse if Pennsylvania lawmakers pursue re-regulating the power sector. Some pundits are quick to blame “deregulation” for our current energy woes, calling for a return to a bygone era of regulated utilities. 

“Our leaders must acknowledge that deregulation incentivizes electricity scarcity, and is a failed policy in a time of increased demand for energy,” writes Trish Reilly, a representative for Centrist Democrats of America, in the Pittsburgh Post-Gazette.

Read more at Broad + Liberty.