The excellent book Electric Choices describes the promises of electricity deregulation, the mistakes made in the past, and the path to workable competition in this industry. Highly recommended.

Richard J. Gilbert, former U.S. Deputy Assistant Attorney General

This excellent book provides an agenda out of the impasse in which the U.S. has found itself following the California energy debacle and the wider crisis in electric power. Electric Choices is a must read.

Pablo T. Spiller, Professor of Business and Technology, University of California, Berkeley

Electric Choices should be mandatory reading for anyone interested in the electricity industry, and who wants to learn from the mistakes California made. These leading experts explain why and how well-run markets are the best deal electricity customers are going to find.

G. Mitchell Wilk, former President, California Public Utilities Commission

Electric Choices is a superb book that addresses what we have learned from restructuring experiences to date and presents important methods from economics with which to analyze these basic questions.

Peter Cramton, Professor of Economics, University of Maryland

Electric Choices provides theoretical, experimental, and empirical support for forging ahead to achieve efficiencies that will not come about in a regulated environment where utilities expect to recover their costs plus profit and have few incentives to respond energetically to customer demand. This book will move the reader beyond the electricity-restructuring impasse in the aftermath of the California debacle and the Northeast Blackout to find areas where deregulation is likely to be desirable.

Peter M. Schwarz, Global Institute of Energy and Environmental Systems, University of North Carolina at Charlotte

Electric Choices is a first-rate book featuring some of the nation's leading energy analysts and belongs on the bookshelf of every scholar, policy wonk, and utility executive.

Ahmad Faruqui, principal, The Brattle Group