Today the Federal Energy Regulatory Commission is deciding on the extent of refunds that energy companies owe to California resulting from the 2000-2001 electricity policy fiasco. I’ve got an op ed on the issue in today’s Orange County Register, basically saying what I’ve said here before: enough already. Stop focusing resentfully on the past and start thinking about what is truly in the best interest of the future of California businesses and residents — constructing simple, transparent market institutions that will encourage the electricity industry to innovate and thrive by providing the variety and reliability of services to the wide variety of consumers that will make them better off.

In the interest of balance, here’s an op ed from today’s San Francisco Chronicle that has a different take on the situation from mine.