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Reply to "Why can't Maryland get rid of Pepco?"
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[quote=Anonymous]The issue is the technology which means a regulated industry probably (well, some caveats) works best. Because a huge investment in plant, lines and equipment is necessary, it's not like a competitor can just waltz in with better service and lower prices. Basically the current technology means that only a monopolist would survive. Think OPEC, but without even the squabbling between Saudi Arabia and Indonesia when they set prices. So regulating this monopoly is what it comes down to. We could clean out the current PEPCO bureaucracy and replace it with a new bureacracy. Although if you think this will make a huge difference, you're more optimistic than I am. It is what it is. Just keep complaining, I guess.[/quote]
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