This LA Times article from Monday contrasts electricity policy in Texas and California, and makes it crystal clear how colossal a policy failure the California “deregulation” was. Furthermore, the article illustrates the major point, that California’s woes were not the fault of deregulation, which when done well, creates value for consumers and for innovative suppliers who are willing to rethink the value propositions they offer to their customers. There’s also a little quote from yours truly in the article.