REI down 11/16 today !!! What effect will signing electric bill have on REI stock price and being able to maintain its Div.????? This electric bill opens up other companys to sell there power to customers and these customers can choose who they want to buy from. My thought is that small consumers will stay with who they got but the big buyers will choose provider. acording to cheaper price!!! Thanks for Any thoughts on subject.
I am served by Alliant Energy here in WI. Our monthly residential bills recently saw the addition of new item -- Transmission Cost:. I would assume that choice is coming, at a price, although I have not seen the option made avaiable. My guess is that it will turn out to be much like the marketing blitz for long distance telephone carriers.
Several weeks ago our interuptable customers were interupted due to lack of transmission capacity from the Pacific northwest during a heat wave. Wheeling of electricity may be limited by delivery problems. I have yet to see any "green" transmission lines so transmission costs will eat up any cost savings achieved by buying electricity somewhere else, for most customers.