Wednesday, May 7, 2008

IS IT TIME FOR DEREGULATION OF ELECTRICITY IN MASSACHUSETTS

A minuteman statue depicted on the Massachusetts state quarterImage via Wikipediaarchives
Do-It-Yourself Deregulation; Utilities Hustle to Cut Rates to Keep Big Businesses
By AGIS SALPUKAS
Published: May 18, 1995
The Raytheon Company wants cheaper electricity and has threatened to go outside Massachusetts to get it. But with the winds of deregulation sweeping through the nations utility industry, it probably wont have to. "I can shop for my transportation, my heating oil, my telephone service, but for electricity costs we cant," complained William H. Swanson, an executive vice president at Raytheon, which is based in Lexington and employs 19,500 people in the state. "Were like sheep."

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