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An effort to determine the effect of restructuring on prices finds that, on average, prices for industrial customers in restructured states were lower, relative to predicted prices, than prices for industrial customers in non-restructured states. This preliminary analysis also finds that these price changes are explained primarily by high pre-restructuring prices, not whether or not a state restructured.


Fagan, Mark. "Measuring and Explaining Electricity Price Changes in Restructured States." The Electricity Journal 19.5 (June 2006): 35-42.